ABC News and its top anchor George Stephanopoulos have reached a $15 million settlement deal with President-elect Donald Trump in an agreement to drop his defamation suit and avoid a costly trial.
The settlement, first reported by Fox News, was filed on Saturday, with the news network agreeing to pay the money as a charitable contribution to a “Presidential foundation and museum to be established by or for Plaintiff, as Presidents of the United States of America have established in the past.” ABC News has also agreed to pay $1 million in attorney fees.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.