Boardroom deal aims to end Viacom power struggle
The end of a nasty power struggle at Viacom appeared at hand early Friday with word of a boardroom deal in which 93-year-old media mogul Sumner Redstone remains atop his empire while chief executive Philippe Dauman is shown the door. A source close to the matter told AFP that board members were "negotiating productively" but the deal had yet to be sealed. Various media outlets, including the Wall Street Journal, were reporting that Dauman agreed to resign in exchange for a $72 million severance
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