Paramount agrees to settle Viacom-CBS merger investor lawsuit
(Reuters) – Paramount Global has agreed to pay $167.5 million to investors to settle a case stemming from the 2019 merger of Viacom Inc and CBS Corp that created the entertainment company, a filing showed. Paramount and the investors agreed to the settlement reached on April 18, according to a Securities and Exchange Commission filing published on Friday. Paramount did not respond to a Reuters request for comment. CBS shareholders […]