Paramount Global Says It Has Reached An Agreement In Principle To Resolve Lawsuit Filed By President Trump

July 2 (Reuters) - Paramount Global PARA.O:

• PARAMOUNT GLOBAL - PARAMOUNT HAS REACHED AN AGREEMENT IN PRINCIPLE TO RESOLVE LAWSUIT FILED BY PRESIDENT TRUMP

• PARAMOUNT GLOBAL - NO AMOUNT WILL BE PAID DIRECTLY OR INDIRECTLY TO PRESIDENT TRUMP OR REP. JACKSON PERSONALLY

• PARAMOUNT GLOBAL - UNDER TERMS OF SETTLEMENT, WHICH WERE PROPOSED BY MEDIATOR, PARAMOUNT WILL PAY $16M IN TOTAL

• PARAMOUNT GLOBAL: SETTLEMENT WILL INCLUDE A RELEASE OF ALL CLAIMS REGARDING ANY CBS REPORTING THROUGH DATE OF SETTLEMENT

• PARAMOUNT GLOBAL- SETTLEMENT DOES NOT INCLUDE A STATEMENT OF APOLOGY OR REGRET

• PARAMOUNT GLOBAL - PARAMOUNT WILL PAY $16M IN TOTAL TO BE ALLOCATED TO FUTURE PRESIDENTIAL LIBRARY

Source text: [ID:]