Friday, May 20, 2016

Sumner Redstone removes Viacom CEO and board member from trust

(Reuters) - Media mogul Sumner Redstone has removed Viacom CEO Philippe Dauman and Viacom board member George Abrams from the seven-person trust that will determine the fate of both Viacom and CBS in the event of his incapacitation or death, two people familiar with the situation told Reuters Friday.

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