CBS’ Legal Fight is ‘Irresponsible’ and ‘Inexplicable’ – MovieMagic

CBS’ Legal Fight is ‘Irresponsible’ and ‘Inexplicable’ – Variety

National Amusements has blasted CBS Corp.’s legal effort to dilute the company’s voting power in the company as “irresponsible” and “inexplicable” in legal filings with the Delaware Chancery Court, where CBS’ request for a temporary restraining order is expected to go before a judge this afternoon.

National Amusements’ filing also revealed the name of the CBS board member accused on Monday of bullying behavior toward Shari Redstone, the CBS Corp. controlling shareholder and National Amusements president at the center of the battle for control of the company. The filing cited independent CBS director Charles Gifford for his involvement in “certain incidents” in 2016 and 2017 that made National Amusements uncomfortable with his continued service on the board.

More to come

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