Sumner Redstone Will Never Sell (Again)
10/23/08 at 11:33 AM
"I will not sell Viacom and I will not sell CBS," ol' Sumny said yesterday. "They're two great companies." After the $223 million in shares earlier this month, he won't sell any more from those companies, so different stakes owned by his troubled holding company, National Amusements, may have to go on the block. "Perhaps in the future I'll get more involved [in bank negotiations]," the 85-year-old said. [WSJ]
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