Paramount Gets $167M In Settlement Of Suit By CBS Shareholders Against Shari Redstone, Directors, Ending Years-Long Merger Litigation

Paramount Global said Friday that, pending court approval, it will receive $167.5 million in settlement of a suit by shareholders of the former CBS Corp. against some of the broadcaster’s former officers and directors, including Shari Redstone and Joseph Ianiello. Called a derivative suit, it’s filed on behalf of the company, whose parent is getting […]

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