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Paramount, fearing backlash, delays $35M settlement with Trump, NYP reports

A potential $35M settlement of President Trump’s lawsuit against Paramount’s (PARAA) (PARA) CBS has been delayed as the company’s management continues to fear a potential legal backlash, Charles Gasparino reports for The New York Post. While the two sides remain in active settlement negotiations, Paramount’s hesitancy to make a deal has prompted members of Trump’s legal team to maintain its initial bargaining position and demand even more money to end the protracted legal dispute, according to sources close to the matter.

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