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	<title><![CDATA[Sumner Redstone May Sell CBS, Possibly No Longer Billionaire]]></title>
	<url>http://www.huffingtonpost.com/2008/11/25/sumner-redstone-may-sell_n_146260.html</url>
	<abstract><![CDATA[<p>Sumner Redstone, the controlling shareholder of CBS and Viacom, saw <a href="http://www.huffingtonpost.com/2008/11/19/media-stocks-mayday-news_n_145035.html">both those stocks hit five-year lows last week</a>, further exacerbating what has already been an incredibly rough autumn. And while he has previously maintained that he will not sell CBS, the <em>New York Times</em>' Tim Arango <a href="http://www.nytimes.com/2008/11/25/business/media/25redstone.html">reports</a> that he is open to the sale &amp;mdash; and is more seriously considering selling off his family's 1,500-screen movie theater chain to restructure his $1.6 billion in debt:</p>

<blockquote>In an effort to...</blockquote>]]></abstract>
	<taxonomy><![CDATA[Media]]></taxonomy>
	<date_published>2008-12-26T05:12:00-05:00</date_published>
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