Philippe Dauman has alleged that Shari Redstone, Sumner Redstone’s daughter is manipulating her 93 year old father, a media tycoon who holds a controlling stake in National Amusements Inc, which in turn has controlling stakes in Viacom and CBS Corp…. Read More ›
In the latest case to allege misconduct by the bank’s restructuring division, RBS has been alleged to have conspired to push the business into administration to benefit from its sale by the former CEO of a software company who is… Read More ›
This move is to replace Philippe Dauman and George Abrams, who were removed from Viacom’s board. The Wall Street Journal has reported citing sources familiar with the matter at hand that National Amusements Inc, which holds an 80% stake… Read More ›
National Amusements has clarified that it is not opposed to a transaction that would unlock value at Paramount. However this comes with a rider of the deal should be unanimously approved by Viacom’s board, which could be an impossible task…. Read More ›
It already has sent out letter to potential bidders with the mid-June being the end date for the bids. According to sources who are familiar with the matter at hand, Yahoo Inc has hired Black Stone IP LLC, a boutique… Read More ›
The suit is against the company’s CEO Travis Kalanick. It alleges that the company prime business motive is to make a cut by fixing prices among competitors. A U.S court has ruled that car hailing company, Uber must submit documents… Read More ›
Despite the partial lifting of U.S led sanctions, Iran’s oil exports are surging with European and Asian tankers are in the lead. Following the lifting of western sanctions in January, more than 20 Asian and European super-tankers are shipping Iranian… Read More ›
With the intention of encourage more investment in his country’s thriving technology startups and to promote rule changes in his country protecting minority shareholders, the head of India’s financial markets regulator visited Silicon Valley this week. Investors in India’s over-4,000… Read More ›
A specialist in geriatric psychiatry found Sumner Redstone in sound “legal mental capacity” to make a decision, which he did when he removed Philippe Dauman and George Abrams from Viacom’s board. However Dauman’s lawyer has countered the argument saying the… Read More ›
The U.S. Federal Reserve will most likely take a call on hiking interest rates after Britain’s historic vote on EU. So as to factor in the economic fallout of Britain leaving the European Union, the U.S Federal Reserve may be… Read More ›
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