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INDIANAPOLIS (AP) — When Alexander Rossi pulled into victory lane following his upset win in the 100th running of the Indianapolis 500, he had no idea what he was supposed to do during the traditional celebration.
By Chuck Mikolajczak and Jessica Toonkel NEW YORK (Reuters) - Viacom Inc's six independent directors will fight any attempt to oust them from the U.S. media company's 11-member board, Lead Independent Director Fred Salerno said in a letter to shareholders on Monday. Salerno said the independent directors are facing a removal attempt "as a result of a chain of actions said to have been legally put in motion by the controlling shareholder of Viacom, Sumner Redstone." The directors find the assertion "inexplicable" that Redstone was "acting of his own free will and with the mental competency to do so," Salerno said. The letter came three days after a statement from Redstone, issued by his spokesman, that said the 93-year-old media mogul was considering ousting Viacom Chief Executive Philippe Dauman and the board of directors.. Redstone, who holds 80 percent of the voting shares in Viacom and CBS Corp , earlier this month removed Dauman and Viacom board member George Abrams from the seven-person trust that will control the shares after Redstone exits.