Shari Redstone emerges as a pivotal figure in the battle for Viacom

Shari Redstone has long been on the sidelines of her father's $40-billion media empire.

But in the last month she has emerged as a central figure in the battle over the future of Viacom Inc. and CBS Corp.

The 62-year-old vice chair of the two media companies was widely suspected as the force behind...

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