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Paramount agrees to pay Trump $16 million, clearing way for multibillion-dollar merger

Paramount has agreed to pay $16 million to resolve President Donald Trump’s lawsuit against its subsidiary CBS, clearing a path for the administration to approve the media giant’s multibillion-dollar merger with Skydance Media. In a statement seen by CNN on Tuesday night, Paramount said the settlement payment is inclusive of Trump’s legal fees and costs, […]

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