Viacom Says Its Board Has Not Had Access To Sumner Redstone
Viacom Inc said Saturday its board members have been unable to meet with controlling shareholder Sumner Redstone because his daughter Shari is blocking access to the media mogul.
Viacom’s criticism of Shari Redstone comes a day after Sumner Redstone, 92, removed Viacom Chief Executive Officer Philippe Dauman and Viacom board member George Abrams from the seven-person trust that will determine the fate of Redstone’s $40 billion media empire that includes Viacom and CBS Corp in the event of his incapacitation or death.