World News: 22:08 GMT Thursday 29th August 2019. [Yahoo Business News Feed via SPi World News]
The multibillion-dollar settlement that the maker of OxyContin is negotiating to settle a crush of lawsuits over the nation's opioid crisis contains formulas for dividing up the money among state and local governments across the country, The Associated Press has learned. Spelling out the way the settlement is to be split could forestall squabbles over the money and avoid what some see as the mistakes made with the hundreds of billions of dollars received under the nationwide settlement with Big Tobacco during the 1990s. Published reports say a $10 billion to $12 billion settlement of the opioid claims is taking shape.
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