NEW YORK (Reuters) - Sumner Redstone plans to sell more than $945 million of stock in CBS Corp and Viacom Inc, two media companies he controls, to pay off loans that threatened to unravel the media ...
NEW YORK (CBS.MW) - Shares of AOL Time Warner rose more than 7 percent Thursday after the media giant matched earnings expectations while Viacom shares declined on a Morgan Stanley Dean Witter ...
NEW YORK (Reuters) - Sumner Redstone managed to halt, at least temporarily, major drops in shares of CBS Corp and Viacom Inc by repeating on Thursday his promise not to sell any more stock in either ...
NEW YORK, Oct 22 (Reuters) - Media magnate Sumner Redstone does not plan to sell any more shares in Viacom Inc or CBS Corp , two companies he controls, he told cable television network CNBC. Because ...
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