Face-to-Face Meeting Rejected, Redstone Says

Mogul’s offer to meet with Viacom director blocked by Dauman, Salerno
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Sumner Redstone agreed to a face-to-face meeting with Viacom director Charles Philipps, but the meeting was scuttled by CEO Philippe Dauman, according to a spokesman for the 93-year-old media mogul said Monday.

Dauman, joined by fellow Viacom directors George Abrams and Frederic Salerno have sued Redstone and his daughter Shari Redstone, over moves by Redstone to remove them from various boards and trusts controlling a $40 billion media empire.

In the suits, Dauman and the others charge, among other things, that they’ve been blocked from  meeting with Redstone, a long-time business associate, to determine when he’s changed many of the plans he made for his estate.

“That fiction has been shattered,” spokesman Mike Lawrence said in a statement on behalf of Sumner Redstone’s strategy team.

Read more at B&C. 

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