Corrects headline to say Paramount board is laying groundwork for possible settlement, not that it will settle the suit
April 29 (Reuters) - The board of Paramount PARA.O, the parent company of CBS News, outlined acceptable financial terms for a potential settlement with U.S. President Donald Trump on his "60 Minutes" lawsuit, The New York Times reported on Tuesday, citing three people with knowledge of the internal discussions.
Paramount did not immediately respond to a Reuters request for comment.
(Reporting by Janaki Venugopalan in Bengaluru; Editing by Sandra Maler and Jackie Wong)
((Janaki.Venugopalan@thomsonreuters.com;))
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