1. CBS Shares Plunge After Judge Says Redstone Can Challenge Voting Control Plan

    CBS Shares Plunge After Judge Says Redstone Can Challenge Voting Control Plan

    A Delaware judge ruled in favor of National Amusements' bid to challenge a voting-control plan...

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    1. We are pleased by the court's decision to deny CBS and its special committee's unprecedented motion to try to deprive a shareholder of its fundamental voting rights.
    2. Today's ruling does not alter in any way the unyielding commitment of CBS and its Board of Directors to continue to act in and to protect the best interests of all CBS shareholders.
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