The board of Paramount, the parent company of CBS News, has outlined acceptable financial terms for a potential settlement with U.S. President Donald Trump. This concerns his "60 Minutes" lawsuit, according to The New York Times.
This move indicates a proactive effort by the company's leadership to resolve the high-profile legal dispute. A settlement would remove a significant legal and financial overhang for Paramount.
The decision to define settlement terms suggests a desire to avoid prolonged litigation and its associated costs and distractions. This could allow the company to focus more on its strategic initiatives.
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