Saturday, August 20, 2016

UPDATE 2-Viacom says CEO Dauman to resign post immediately; Dooley steps in

NEW YORK, Aug 20 (Reuters) - Viacom Inc said on

Saturday that Chief Executive Philippe Dauman will resign

immediately, marking a victory for the family of controlling

shareholder Sumner Redstone in the battle for the $40 billion

media empire.

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