2min chapter

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Fox News Must Pay, DeSantis Doubles Down on Disney, and Dmitri Alperovitch on Discord

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CHAPTER

The Winners and Losers of the Dominion Settlement

Fox has nearly $4.1 billion in cash on hand, according to Lock the Murdock and a market cap over $17 billion. Fox is going to write off part of its settlement. The other big winner here is the investor, the hedge fund State Street,. They're going to get a 15 or 16 X return on their money.

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