Viacom weighs selling minority stake in Paramount film unit
By Jessica Toonkel and Sai Sachin R(Reuters) – Viacom Inc is considering selling a “significant” minority stake in its Paramount Pictures movie studio, Chief Executive Philippe Dauman said on Tuesday, sparking a brief rally in the media company’s shares. Viacom has been approached by several strategic investors and has retained PJT Partners as its financial adviser, Dauman said at a media conference. Dauman, who took over from 92-year-old majority-owner Sumner Redstone as
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