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Viacom Says Redstone's Pay Was Appropriate Despite Illness

By Vince Sullivan (July 18, 2017, 9:42 PM EDT) -- Viacom Inc. and its board members told a Delaware state court judge Tuesday that salary and bonus payments made to an ailing Sumner Redstone in 2014 were not the actions of a disloyal board because the executive had provided valuable benefits to the company and that a stockholder derivative suit over the outlays should be dismissed....

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