Paramount receives $167M in settlement of lawsuit by CBS shareholders

Paramount Global has agreed to a $167.5 million settlement of a case stemming from the controversial 2019 merger of Viacom Inc. and CBS Corp. that created the entertainment company, a Securities and Exchange Commission (SEC) filing showed. According to the SEC filing Friday, the $167.5 million…

#viacominc #cbscorp #paramount #viacom #shariredstone #foxnewsdigital