Ex-CBS shareholders reach proposed $167.5 mln settlement over Viacom deal

Ex-CBS shareholders reach proposed $167.5 mln settlement over Viacom deal

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WILMINGTON, Delaware, May 26 (Reuters) - Former CBS shareholders reached a proposed $167.5 million settlement to resolve allegations that Shari Redstone, the daughter of late media magnate Sumner Redstone, pressured the company into an unfair merger that created ViacomCBS Inc, now known as…

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