News Formal

Paramount To Pay $122.5M To Settle 2019 Shareholder Lawsuit Over Viacom-CBS Merger

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Paramount has agreed to pay $122.5 million to settle a 2019 lawsuit by Viacom shareholders over the company’s merger with CBS

), the company details the chronology of the case brought in Delaware Chancery Court. After disclosing the settlement, the filing notes that the company is suing insurance carriers related to the shareholders’ action.

“The company is currently engaged in litigation regarding insurance coverage against certain of its insurance carriers in the Superior Court of the State of Delaware,” the filing says. “The company intends to pursue its claims vigorously. Pending recovery of any such insurance proceeds, the company will advance funds for the settlement when they become due.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

StarTrekDiscovery's demise seems to be the way they get the money to pay.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 109. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Sentencing for man convicted of 2019 murder of Ashtabula County business ownerTim Meola was found dead inside his Mentor Avenue home in Painesville on Sept. 7, 2019.
Källa: cleveland19news - 🏆 70. / 68 Läs mer »