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Redstone Lends Hand To Both Viacom Units

Viacom Chairman Sumner Redstone said he plans to play a role in key decision making after his media company is divided in two. "I never said I would take my hands off the wheel," Redstone, 82 said in an interview at his home in Beverly Hills, California. "I said I would share the wheel" with the two companies' chief executive officers, Tom Freston and Leslie Moonves.

Read the whole story at Bloomberg News, via The New York Daily News, October 25, 2005 »

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