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Sumner Redstone
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Media mogul Sumner Redstone’s holding company, National Amusements Inc., is selling some of its stakes in CBS Corp. and Viacom Inc. , as well as 35 movie theaters, to pay off debt. The moves will raise about $1 billion and allow the Dedham, Mass., company to meet a $500 million debt payment this month.
Sumner Redstone Pictures
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