Shari Redstone Pushes Nuke Button, Changes CBS Bylaws Ahead of Hearing

Read on: Deadline
Shari Redstone’s National Amusements has taken the nuclear option this morning, changing CBS Corp.’s bylaws ahead of Thursday’s planned board meeting to consider diluting the family’s control over the network. In a statement sent out just before a court hearing in Delaware on CBS’s desire for a temporary restraining order, NAI said that it has amended the media company’s bylaws. They say the move is to prevent what NAI is calling an unlawful action by CBS and the special…