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Photo by Jared Siskin/Patrick McMullan via Getty Images

In a new complaint filed Tuesday, National Amusements Inc. (NAI), CBS Corporation's parent company, now says that its vice chairwoman and CBS' majority stakeholder Shari Redstone advised Viacom’s special committee that NAI no longer supported a merger — prior to CBS' lawsuit against Redstone and NAI that attempted to strip Redstone of her voting power.

Why it matters: Today's statement solidifies what the media community has largely assumed for the past few weeks: the desire to merge CBS and Viacom is officially dead on both sides — not just from CBS' perspective.

The bigger picture: It's the latest installment in the years-long saga of the power struggle between longtime CBS Chairman Les Moonves and Redstone that's intensified over the past few weeks.

  • At the heart of the disagreement is whether or not Redstone was, as CBS alleges, trying to force CBS to merge with Viacom so that Redstone could retain control over the two companies. CBS says the merger isn't best for its shareholders and shocked the media community when it sued Redstone to strip her of majority share ownership so that she could not dismantle the CBS board.

What they're saying:

  • NAI: "NAI and Shari Redstone did not, and do not, intend to force a recombination of CBS and Viacom, whether by removing and replacing CBS directors or otherwise. In fact, prior to CBS’s action, Shari Redstone had already determined and advised a special committee of Viacom’s board that NAI no longer supported a merger."
  • CBS: “Today’s reactive complaint from NAI was not unexpected. The amended complaint filed last week by CBS and its Special Committee details the ways in which NAI misused its power to the detriment of CBS shareholders, and was submitted after careful deliberation by all involved. We continue to believe firmly in our position.”

Go Deeper: The Wall Street Journal has a good profile on the tension between Moonves and Redstone.

Go deeper

Updated 52 mins ago - World

2 Americans accused of helping Ghosn escape in Japanese custody

Former Nissan chair Carlos Ghosn during a news conference in Jounieh, Lebanon, last September. Photo: Hasan Shaaban/Bloomberg via Getty Images

Two Americans accused of helping former Nissan chair Carlos Ghosn flee Japan in a box in 2019 were taken into Japanese custody after arriving at an airport near Tokyo Tuesday, per the Wall Street Journal.

Why it matters: The extradition of Michael Taylor, 60, a private security specialist and former Green Beret, and his son Peter Maxwell Taylor, 27, ends a months-long fight to remain in the U.S.

Rep. Rice demands Cuomo resign after 3rd woman accuses him of misconduct

New York Gov. Andrew Cuomo during a February news conference in New York City. Photo: Seth Wenig/POOL/AFP via Getty Images

Rep. Kathleen Rice (D-N.Y.) on Monday evening called for New York Gov. Andrew Cuomo (D) to resign, after a third woman accused him of inappropriate behavior.

Driving the news: Anna Ruch, a former member of the Obama administration and the 2020 Biden campaign, told the New York Times Monday that Cuomo asked to kiss her at a New York City wedding reception in September 2019.

Scoop: Inside the GOP's plan to retake the House

House Minority Leader Kevin McCarthy. Photo: Elijah Nouvelage/Bloomberg via Getty Images

House Republicans will reclaim their majority in 2022 by offering candidates who are women, minorities or veterans, a memo obtained by Axios says.

Why it matters: The document, drafted by a super PAC blessed by House Minority Leader Kevin McCarthy, names top Democrats to target — Jared Golden of Maine, Matt Cartwright of Pennsylvania and Ron Kind of Wisconsin — and the type of Republican candidates to beat them.