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$167.5M CBS Class Settlement OK'd In Del. Viacom Deal Suit

By Jeff Montgomery (September 6, 2023, 9:59 PM EDT) -- Saying it was an "easy decision," a Delaware vice chancellor on Wednesday approved what he described as an "extraordinary" $167.5 million settlement of hard-fought direct and derivative challenges to CBS Corp.'s $30 billion acquisition of Viacom Inc. in late 2019....

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