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Judge Rules for Fairness Review in ViacomCBS Merger Shareholder Lawsuit

The 2019 Viacom-CBS merger will undergo strict legal scrutiny now that a Delaware Chancery Court judge has allowed a lawsuit to proceed from shareholders who say they were shortchanged in the transaction because of pressure applied by ViacomCBS controlling shareholder Shari Redstone. Judge Joseph Slights ruled that the plaintiffs made a credible enough case, or […]

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