ABC News has agreed to pay $15 million toward Donald Trump's presidential library to settle a defamation lawsuit related to anchor George Stephanopoulos' misleading claim about Trump.
As part of the settlement made public Saturday, ABC News posted a note expressing regret over Stephanopoulos' statements during a March 10 segment on his This Week program.
The settlement agreement describes ABC's presidential library payment as a charitable contribution, earmarked for a non-profit organization linked to the forthcoming library.
The agreement indicates that ABC News must transfer the $15 million to an escrow account managed by Trump's attorney's law firm within 10 days.
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