IIRC, Redstone said that if CBS and Viacom don't merge soon, the CEO of CBS will be fired (and sites have speculated that Redstone would replace CBS's CEO and force a merger to happen).Is that red stone drama in relation to cbs trying to buy their mothership (Viacom)?
Or is it related to the absolute craziness related to stock voting for cbs (I'll get the normal "vote with this tool", and then another "don't vote like they recommend vote like this instead" in the mail)
It's insane
CBS put in a deal for Viacom but it was below their market value because they don't really need Viacom that badly, they're doing just fine on their own. However, Viacom channels are declining in viewership and Redstone wants a CBS/Viacom merger to happen NOW and threatened consequences (overthrowing the CEO of CBS) if the CEO of CBS doesn't agree to a deal soon.
CBS is now suing her to keep her out of merger talks because she is unwillingly forcing them to do something they don't want to do and that is against their interests.
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