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CBS Has Rebuilt Its Board in Ways That Speak Volumes

Rachel Gunter
Updated
CBS Has Rebuilt Its Board in Ways That Speak Volumes

A month ago, CBS Corporation (CBS) decided to reconfigure its board of directors after its CEO and board chair, Leslie Moonves, stepped down. The changes added several experts in mergers and acquisitions to the board, sparking talks about whether CBS was building a foundation for a deal. In the months leading up the ouster of Moonves over sexual misconduct allegations, the Redstone family tried to merge CBS with its sister company Viacom (VIA).

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