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
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.