CBS to Terminate Moonves for Cause, Won’t Pay $120m Severance
Leslie Moonves, president and chief executive officer of CBS Corp., speaks during an interview in New York, U.S. (Photographer: Daniel Acker/Bloomberg)

CBS to Terminate Moonves for Cause, Won’t Pay $120m Severance

(Bloomberg) -- CBS said in a statement that it completed its investigation of former chairman and CEO Leslie Moonves, and found that there were grounds to terminate him for cause.
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