Pursuits

New England Patriots Owner Kraft Resigns From Viacom’s Board

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New England Patriots owner Robert Kraft resigned from the board of Viacom Inc., saying he had too many other obligations to remain a director of the struggling media company controlled by Sumner Redstone.

“Obligations elsewhere had increased to the extent that he no longer felt capable of fulfilling his duties,” New York-based Viacom said Friday in a regulatory filing.