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Les Moonves Is Taking CBS to Arbitration Over Denial of $120 Million Severance

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Former CBS chairman and CEO Les Moonves isn't letting his $120 million severance go away without a fight and has decided to take the company to arbitration. Moonves informed CBS of his intentions Wednesday, according to a SEC filing from CBS. The move, which had been expected, comes after the CBS board determined in mid-December...

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