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What’s new with the Redstone family?

Started by staff, October 15, 2008, 07:01:39 PM

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staff

What's new with the Redstone family?
      


The Redstone family knows drama. Late last week, Sumner Redstone’s family holding, National Amusements, announced that it was making a substantial stock sale in each of its key holdings, CBS and Viacom to comply with debt covenants. 
But the sale raised questions about whether some of the proceeds from the sales were actually earmarked to fund and expansion of National Amusements [...]
         

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