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Jeffrey Katzenberg, DreamWorks Animation SKG Inc's chief executive, has been hit with a proposed class action lawsuit over what a minority shareholder called an "extraordinarily valuable" side deal he struck as part of the $3.8 billion sale of the studio to Comcast Corp . Comcast, the owner of NBCUniversal and the largest U.S. cable distributor, agreed in April to pay $41 in cash per DreamWorks share and Katzenberg agreed to vote his controlling stock for the deal, assuring investor approval.
By William James LONDON (Reuters) - Britain's Brexit political crisis deepened on Tuesday when MPs in the Labour Party passed a motion of no confidence in its leader Jeremy Corbyn by an overwhelming margin, but Corbyn said he would not resign. In the non-binding vote, Labour MPs voted 172 to 40 against Corbyn, the 67-year old left-wing activist behind a socialist rebranding of Britain's main opposition party. The motion was tabled in the wake of Britain's vote to leave the European Union and backed by many who felt Corbyn had not campaigned hard enough to keep the country inside the EU and that he would not be able to win a future national election.