Paramount Global has agreed to pay $122 million to resolve legal actions brought by shareholders regarding the merger of Viacom and CBS.
On Friday, Paramount Global announced that it will pay $122.5 million to settle lawsuits filed by shareholders of Viacom related to the company’s merger with CBS. Paramount Global has reached an agreement to settle the ongoing class action lawsuit in the Delaware Court of Chancery. The settlement is subject to approval by the court. The…
