It's not the settlement the media industry has been anticipating, but Fox News has reached an agreement with a Venezuelan businessman whose name was linked to false allegations about voting machines used in the 2020 election.
Attorneys for Fox News and Majed Khalil, the plaintiff in the suit, filed a letter Saturday with the U.S. District Court for the Southern District of New York stating the two sides have reached a confidential settlement and will jointly file a motion to dismiss the case with prejudice early this week. Terms of the settlement were not disclosed.
"This matter has been resolved amicably by both sides," a Fox News representative said in a statement.