May 17, 2018 / 4:35 PM / 9 months ago

CBS to challenge National Amusements' move to change bylaws: sources

FILE PHOTO: The CBS television network logo is seen outside their offices on 6th avenue in New York, U.S. on May 19, 2016. REUTERS/Shannon Stapleton/File Photo

(Reuters) - CBS Corp (CBS.N) plans to challenge National Amusements Inc’s move on Wednesday to change its bylaws requiring a super majority vote to issue a dividend, two sources told Reuters on Thursday.

CBS’ board is scheduled to vote on the dividend at 5 pm EDT on Thursday.

(This version of the story refiles to fix misspelling in headline)

Reporting By Jessica Toonkel; Editing by Chizu Nomiyama

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