Paramount's board is wary of approving a settlement that could be seen as a bribe while awaiting FCC clearance.

Paramount Global and controlling shareholder Shari Redstone had hoped to close the deal to merge the media company with Skydance Media by this point. But as the deal is still pending FCC approval, and with a potential settlement with Donald Trump in his lawsuit against “60 Minutes” looming,

Paramount Global (NASDAQ:PARA) has nominated three new directors to its board as it awaits regulatory approval for its high-profile $8.4 billion merger with Skydance Media. The three new nominations include Mary Boies—counsel at Boies Schiller Flexner LLP,