The Viacom special committee examining a merger is composed of four newly appointed directors and one from the old Viacom board. Some longer-serving board members encouraged Shari Redstone to have a more balanced representation of old and new directors to avoid the impression she was forcing the merger on the company, according to people familiar with the matter. Shari Redstone prevailed in the current composition of the special committee.
This article was provided by Bloomberg News.