Viacom Acquires Televisión Federal S.A. (Telefe) in Argentina from Telefónica S.A. for US$345 Million

Viacom Inc. (Nasdaq: VIAB, VIA) and Telefónica S.A. today announced the acquisition of Televisión Federal S.A. (Telefe), one of the main free-to-air channels in Argentina, by Viacom International Media Networks (VIMN). The transaction has been concluded for a total amount …

Viacom Lead Independent Director Files Lawsuit to Prevent Invalid Attempt to Remove Members of the Company’s Board of Directors

Lead Independent Director of the Board of Directors, Frederic V. Salerno, today filed a lawsuit in Delaware Chancery Court with the support of the independent directors, seeking an expedited determination that Shari Redstone’s attempted removal and replacement of Viacom directors …

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