Publications & Presentations
January 27, 2021

Chancery Keeps Suit Over $30B CBS-Viacom Merger Alive

Mentioned, Law360

The Delaware Chancery Court kept a stockholder challenge to CBS Corp.'s $30 billion acquisition of Viacom Corp. alive on Wednesday, finding the suit made a sufficient case that CBS' board, CEO and controlling investors pushed through a deal "demonstrably unfair" to minority stockholders under pressure from media mogul Shari Redstone.