Investing
Viacom (VIA): Sumner Redstone, Lose A Daughter, Gain Some Sense
Published:
It appears that Sumner Redstone’s daughter, Sheri, is leaving the Viacom (VIA) board. It was assumed that she would take over once Sumner passed.
Since Sheri appeared to know absolutely nothing about running a media company, perhaps the move will be a relief for shareholders.
The stock is up 6% on the news.
Now if Sumner would only leave. They could put Tom Cruise in charge
Douglas A. McIntyre
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
