John Malone and Charter Directors Reach $87.5M Deal to Settle Investor Suit

John Malone and Charter Directors Reach $87.5M Deal to Settle Investor Suit

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A seven-year old lawsuit alleging billionaire John Malone was illegally compensated through a side deal in Charter’s 2015 acquisition of Time Warner Cable has settled for $87.5 million. A proposed deal filed on Friday in a Delaware court notes that the money will be paid to Charter. Malone and…

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