LawFuel – The Law Newswire – See ‘Hot Gossip’ – The New York Post repo…

LawFuel – The Law Newswire – See ‘Hot Gossip’ – The New York Post reports on the former head of publishing giant Simon & Schuster who claims he was stiffed by Edgar Bronfman Jr. for nearly three years after he says he helped the billionaire music mogul negotiate the takeover of Warner Music Group.

Dick Snyder – who was ousted as CEO of Simon & Schuster in 1994 – has threatened to sue Bronfman for more than $100 million, The Post has learned. Snyder delivered Bronfman a draft copy of a complaint on April 10 claiming he was instrumental in negotiating the $2.6 billion acquisition of Warner Music in 2003, but was never paid for his services. Along with the potential lawsuit was an ultimatum: If Bronfman refused to pay at least $100 million or settle by tomorrow, Snyder planned to publicly file the suit, according to a letter attached to the document that was reviewed by The Post.

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