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Sumner Redstone
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Sumner Redstone's National Amusements is selling CBS (CBS) and Viacom (VIA) shares to pay off its creditors.
The CBS sale will bring in $345 million and the Viacom sale will bring in $600 million.
Read the rest of this story »See Also:How The Media Moguls Blew It (NWS, DIS, CBS, VIA)CBS Stock Slaughter Costs Sumner Redstone More Millions* (CBS)Sumner Redstone Might Still Lose Control Of CBS and Viacom (CBS, VIA)
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