Redstone company to sell 20 pct of CBS, Viacom stake (Reuters)

LOS ANGELES (Reuters) - National Amusements Inc, a privately held company controlled by Sumner Redstone, will sell more than 20 percent of its stake in Viacom Inc and CBS Inc to pay down debt to comply with its credit agreement covenants.. Sat Oct 2008 05:10 (1 month, 1 week ago)
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