CBS, Intent On Blocking Viacom Tie-Up, Sues Shari Redstone

Law360 (May 14, 2018, 6:03 PM EDT) -- CBS Corp. and five directors asked the Delaware Chancery Court on Monday to keep Shari Redstone from interfering in a board meeting this week where they hope to deflate her voting power, saying she’s jeopardized the company by trying to force its merger with Viacom Inc., a deal the directors recommended rejecting over the weekend.

The CBS board is seeking an injunction barring Shari Redstone from interfering in its composition and governance before Thursday's meeting. (AP) The five independent CBS directors — who comprise a special...
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