Freston Quits: Les Moonves Does His Happy Dance?

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Rumors have long been circulating that Tom Freston and Les Moonves were engaged in pitched battle for the favor of Sumner Redstone, the controlling shareholder of both Viacom and CBS, and the investing public. The two companies split apart earlier this year, and since then the camps of each executive have been accused of leveling attacks against the other.
So our question is how effin’s psyched is Moonves this morning? Moonves office did not return DealBreaker’s call for comment this morning.

Viacom Chief Freston Steps Down, Dauman to Take Over
[Bloomberg]

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