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Shari Redstone says she does not want to manage Viacom | Reuters

LOS ANGELES Shari Redstone, the daughter of media mogul Sumner Redstone, said in a statement on Tuesday that she has no desire to manage Viacom Inc (VIAB.O) or to chair its board.

The statement was issued in response to a letter released Monday in which Viacom's six independent directors vowed to fight any attempt to oust them from the board. Shari Redstone, in her statement, said she wants "strong, independent directors" at Viacom.

(Reporting by Lisa Richwine; Editing by Chris Reese)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date: Jun 01, 2016 04:15 AM

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