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Vicious struggles over family fortunes

The annals of US business are studded with messy succession battles and late-in-life romantic entanglements like the Redstone affair.
Saturday, February 13, 2016 - 05:50
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QUESTION OF CONTROL: Mr Redstone (above) owns 80% and his daughter Shari owns 20% of National Amusements, the private business that controls two giant media companies: Viacom and CBS.
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QUESTION OF CONTROL: Mr Redstone owns 80% and his daughter Shari (above) owns 20% of National Amusements, the private business that controls two giant media companies: Viacom and CBS.

CONSIDER the plight of Shari Redstone, the daughter of billionaire media mogul Sumner Redstone.

Much of her family's fortune is tied to her ailing 92-year-old father. He owns 80 per cent and she owns 20 per cent of National Amusements, the private business that controls two giant media