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Why isn't the stock down though? Was this priced in?

• SllX 3y ago
  Probably. The only recourse Fox really had was to settle and try to keep the final tab under a billion dollars. News organizations can get away with a lot, I mean a lot, but the better part of Fox’s entire legal defense was resting on New York Times vs Sullivan. The damage they did to Dominion’s reputation worldwide is maybe still over that line, and Fox did not want to be the test case, nor was prolonged litigation doing them any favors.