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Can Leslie Moonves’ Audacious Strategy Swing the Votes in CBS’ Favor?

Sumner Redstone seized control of Viacom in a hostile takeover in 1987. He then made sure that no other corporate raider could take it from him, dividing the company’s stock into voting and nonvoting shares. Thirty years later, Redstone’s absolute control is under threat not from an external foe but from within...

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