CBS Board Votes to Curb Redstones' Control

But it's contingent on a court ruling

As expected, a majority of the CBS Corp. board of directors has voted to declare a dividend that could effectively reduce how much control National Amusements Inc. (NAI) has over the media network. The board voted late today 11-3 to support the measure. Board vice chairman Shari Redstone and Redstone family lawyers Robert Klieger and David Andelman were the three “no” votes.

NAI, which is run by Sumner and Shari Redstone, currently has a 79 percent controlling interest in CBS Corp.,

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