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CBS Corp. (CBS) unveils a new contract with President and Chief Executive Leslie Moonves,...

CBS Corp. (CBS) unveils a new contract with President and Chief Executive Leslie Moonves, extending his term with the media company through June 2017. Executive Chairman Sumner Redstone says the agreement further aligns the interests of the CEO with those of shareholders. Mr. Moonves's prior contract was to conclude in 2015.
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