Paramount to Pay $122.5 Million to Settle Viacom-CBS Merger Lawsuit

Paramount Global will pay $122.5 million to settle a lawsuit claiming the 2019 CBS-Viacom merger was unfair to shareholders. This, according to a securities and exchange commission filing Friday, will be subject to a long-form settlement agreement and approval by Delaware’s Chancery Court. The…#paramountglobal #viacom #shariredstone #summerredstone #paramount #bobbakish #redstone #josephslights #nai #sumnerredstone
Source: Reuters: Health - Category: Consumer Health News Source Type: news