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What will be the impact of the lawsuit and merger review on Paramount's stock price by June 30, 2025?
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Paramount•Donald Trump•CBS News•60 Minutes•Kamala Harris•Skydance•Federal Communications Commission•FCC•Trump
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Story
Paramount Considers Settling $10 Billion Trump Lawsuit Over 60 Minutes Interview Amid Skydance Merger Review
Jan 17, 2025, 08:01 PM
Paramount executives have engaged in internal discussions about settling a $10 billion lawsuit filed by Donald Trump over a CBS News '60 Minutes' interview with Vice President Kamala Harris. The discussions come as Paramount's merger with Skydance is set to undergo a review by the Federal Communications Commission (FCC). The lawsuit, which Trump claims is related to election interference, has been a point of contention, and settling it could be seen as an effort to reduce tensions with the Trump administration ahead of the merger review. The potential settlement is viewed as a strategic move to avoid complications that could arise during the FCC's scrutiny of the merger.
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