Corporate governance crisis at Viacom: Redstone v. Dauman

May 23, 2016 3:15 AM

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Corporate governance crisis at Viacom: Redstone v. Dauman

Sumner Redstone has officially broken with his protege and friend of 30 years, Viacom CEO Phillippe Dauman.

In a blistering statement on Sunday night, a self-described spokesman for Redstone detailed the split between the two men and accused Viacom -- the company Redstone controls -- of saying "false and unfair" things about him.

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