Viacom Directors Press for Dauman Deal as Trial Looms

Bloomberg: Some Viacom directors are said to be pressing for a settlement of litigation engulfing the media company, a deal that could lead to the exit of embattled CEO Philippe Dauman. Terms could also include restrictions on the veto power of the Redstone family, which holds a controlling interest in Viacom’s voting stock. COO Tom Dooley could step in as interim CEO.