California Newz

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

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



2018-05-17T16:08:44+0000

The Redstones control nearly 80% of the board's votes. They own about 10% of CBS.

The judge’s ruling appears to lessen the prospect of a contentious CBS board meeting later this afternoon. CBS board members had been planning to consider voting on an extraordinary maneuver that would have stripped the company’s controlling shareholders of their voting



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