(Reuters) -Paramount Global has nominated three new managers on Monday, seeking to strengthen its power to seven because it awaits organizational approval to integrate 8.4 billion dollars with Skydance Media.
Paramount Marie Boys, lawyer for Boys Schiller Flexer LLB, Charles Ryan, co -founder and general partner of Albez Capital, Rawan Sarago Licht, former professor and assistant professor at Boston University and Roger Williams University.
US President Donald Trump filed a $ 10 billion lawsuit against CBS News, owned by Paramount in October, claiming that the network has edited a deceptive interview with the then head of the footnote and the presidential candidate Kamala Harris, “to” direct standards for the Democratic Party “in the elections.
Trump’s lawsuit is seen as a major barrier to the Paramount-Skydance, according to some analysts.
Integration requires approval from the American Federal Communications Committee, which has power on the deal because it needs approval to transfer the CBS broadcasting television.
According to Paramount, headed by Shari Redstone, was $ 15 million to settle the lawsuit.
Trump raised his demand for compensation for $ 20 billion in February.
The Wall Street Journal reported last week that the company wanted to make sure it was in a full field if its negotiations with Trump were subjected to a lawsuit.
Paramount is scheduled to hold its annual meeting of the stock holder on July 2.
(I participated in the reports of Harchita Mary Vargis in Bangaluru; edited by Bouja Desai)
https://media.zenfs.com/en/reuters-finance.com/a937aab43c48bae7b65a673a8a7ebbb3
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