Dominion, Other Suits Not Significant Credit Risk to Fox: S&P

Fox Corp.'s $787.5 million settlement with Dominion Voting Systems is "significant," but Fox will still have more than $3 billion in cash on its balance sheet, S&P Global said Thursday. Pointing to a related defamation suit from Smartmatic and potential shareholder suits, S&P said lawsuit-related costs could increase the company's debt but not enough to lower its credit rating.