Viacom Inc. (NASDAQ:VIAB, VIA) today announced an agreement with
National Amusements Inc. (NAI), members of the Redstone family and
related parties, settling all disputes among them. Under the terms of
the settlement, which have been unanimously approved by the Boards of
Directors of Viacom and NAI, all lawsuits among them will be terminated,
and Viacom will create an expanded Board of Directors to include the
five Viacom directors elected inmore...