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Judge Allows Suit Accusing CBS Chief of Backing Viacom Merger for $125 Million Payout

A Delaware judge has allowed CBS stockholders to sue over the 2019 merger of Viacom and CBS, finding a reasonable claim that former CBS chief Joseph Ianniello “sold” his support for the deal to Shari Redstone in exchange for a $125 million payout. Ianniello was president and chief operating officer under former CEO Les Moonves, […]

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