Paramount agrees to settle Viacom-CBS merger investor lawsuit

Paramount agrees to settle Viacom-CBS merger investor lawsuit

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Paramount Global has agreed to a $167.5 million settlement of a case stemming from the 2019 merger of Viacom Inc and CBS Corp (NYSE: ) that created the entertainment company, a filing showed. The settlement, reached on Tuesday, provides for the dismissal of the case in exchange for the payment to…

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