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Shari Redstone says she does not want to manage Viacom

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LOS ANGELES May 31 Shari Redstone, the daughter
of media mogul Sumner Redstone, said in a statement on Tuesday
that she has no desire to manage Viacom Inc or to chair
its board.

The statement was issued in response to a letter released
Monday in which Viacom’s six independent directors vowed to
fight any attempt to oust them from the board. Shari Redstone,
in her statement, said she wants “strong, independent directors”
at Viacom.

(Reporting by Lisa Richwine; Editing by Chris Reese)




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