(Reuters) - NEW YORK, June 18 - Pop star Michael Jackson
reached a settlement on Monday with a New Jersey financial
company that brought a $48 million breach-of-contract lawsuit
against him.
Prescient Acquisition Group, which claimed Jackson reneged
on payments he owed for helping him refinance more than $200
million in bank loans, settled with the entertainer as the case
was about to go to trial in U.S. District Court in Manhattan.
Read more at Reuters.com Bonds News
reached a settlement on Monday with a New Jersey financial
company that brought a $48 million breach-of-contract lawsuit
against him.
Prescient Acquisition Group, which claimed Jackson reneged
on payments he owed for helping him refinance more than $200
million in bank loans, settled with the entertainer as the case
was about to go to trial in U.S. District Court in Manhattan.
Read more at Reuters.com Bonds News
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