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Redstones Seek Divorce

Oct 22, 2008  •  Post A Comment

Sumner Redstone, who has been forced by the stock market downturn to sell shares in Viacom and CBS, is seeking a divorce from his wife after 5½ years of marriage, the Wall Street Journal says. A prenuptial agreement calls for Redstone to pay $5 million to his ex, but he may end up paying more, sources tell the paper. Some investors are concerned Redstone may have to sell more stock, but a $800 million loan due in December will put more pressure on his finances than the divorce.
— Jon Lafayette

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