The Traderszone Network

Published in TZ Latest News 17 June, 2016 by The TZ Newswire Staff

Instant Analysis: 5 Directors, Including CEO, Dismissed From Viacom — Company Serves Up Weak Guidance

The battle for control of media conglomerate Viacom (NASDAQ: VIA) (NASDAQ: VIAB) is getting even nastier. National Amusements, the investment vehicle for the Redstone family that holds a controlling interest in Viacom, announced that five members of the media company’s board of directors are to be dismissed. This group includes Philippe Dauman, the current CEO.

Tmnt From Paramount

Image Source: Nickelodeon Movies (Viacom) 

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