Judge rules in favor of Redstone family in fight over control of CBS

A Delaware judge refused to issue a restraining order against Shari Redstone and her family Thursday, allowing them to continue to keep tight control over CBS Corp. — and possibly begin to replace members of the board. CBS stock immediately plummet…

A Delaware judge refused to issue a restraining order against Shari Redstone and her family Thursday, allowing them to continue to keep tight control over CBS Corp. — and possibly begin to replace members of the board.

CBS stock immediately plummeted more than 6%.

The judge's ruling deals a huge...

Judge hits pause on CBS-Redstone brawl, halting changes to CBS board

In a day of high drama even for the media industry’s most combative family, Shari Redstone spent Wednesday furiously trying to outmaneuver CBS in a boardroom brawl for control of one of America’s most storied media companies. The Redstone family ri…

In a day of high drama even for the media industry’s most combative family, Shari Redstone spent Wednesday furiously trying to outmaneuver CBS in a boardroom brawl for control of one of America’s most storied media companies.

The Redstone family risks losing control of CBS, which has been part...

Redstones abruptly change CBS’ bylaws an hour before court hearing as struggle for control continues

In a day of high drama even for the media industry’s most combative family, Shari Redstone spent Wednesday furiously trying to outmaneuver CBS in a brawl for control of the storied media company. The day ended in a Delaware courtroom where the judg…

In a day of high drama even for the media industry’s most combative family, Shari Redstone spent Wednesday furiously trying to outmaneuver CBS in a brawl for control of the storied media company.

The day ended in a Delaware courtroom where the judge, Chancellor Andre G. Bouchard, issued a protective...

Redstones abruptly change CBS’ bylaws, an hour before court hearing, as brawl for control continues

CBS’ controlling shareholders, Shari Redstone and her family, moved Wednesday to thwart the company’s attempt to strip the family of their control — just an hour before a court hearing on whether the Redstones could make such a move. The Redstone f…

CBS’ controlling shareholders, Shari Redstone and her family, moved Wednesday to thwart the company’s attempt to strip the family of their control — just an hour before a court hearing on whether the Redstones could make such a move.

The Redstone family, through its investment vehicle, National...

CBS-Redstone brawl: Judge to rule on whether CBS can strip Redstones of their voting power

A judge is expected to decide Wednesday whether CBS can move forward with a rare corporate maneuver to strip its controlling shareholders — Sumner Redstone and his family — of their preferred status. CBS sued the Redstone family Monday, alleging th…

A judge is expected to decide Wednesday whether CBS can move forward with a rare corporate maneuver to strip its controlling shareholders — Sumner Redstone and his family — of their preferred status.

CBS sued the Redstone family Monday, alleging that the mogul’s daughter, Shari Redstone, was trying...

Fox hunt heats up as Comcast prepares to duel with Disney over Rupert Murdoch’s company

Sky might not be the limit for Comcast Corp., which is reportedly mulling another bid for 21st Century Fox assets, a move that could upend the Walt Disney Co.’s efforts to buy much of Fox from Rupert Murdoch. Late Monday, Reuters reported that Comc…

Sky might not be the limit for Comcast Corp., which is reportedly mulling another bid for 21st Century Fox assets, a move that could upend the Walt Disney Co.’s efforts to buy much of Fox from Rupert Murdoch.

Late Monday, Reuters reported that Comcast was lining up financing to make an all-cash...

Shari Redstone attempts to ignite merger talks as CBS, Viacom stock surges

CBS Corp. stock surged Friday on strong earnings and speculation that controlling shareholder Shari Redstone had offered a compromise to try to nudge along the stalled merger talks with Viacom Inc. CBS rose 9% to $53.17 a share on Friday after the …

CBS Corp. stock surged Friday on strong earnings and speculation that controlling shareholder Shari Redstone had offered a compromise to try to nudge along the stalled merger talks with Viacom Inc.

CBS rose 9% to $53.17 a share on Friday after the company reported record revenue in the first quarter....