Imus settles with CBS, ready to return to radio

Don Imus has reached a settlement with CBS over his multimillion-dollar contract and is negotiating with New York's WABC radio to resume his broadcasting career there, according to CBS and a person familiar with the negotiations.


Don Imus was dismissed in April after describing the Rutgers women's basketball team in unflattering terms.

Imus and CBS Radio reached a settlement that would pre-empt the dismissed radio personality's threatened $120 million breach-of-contract lawsuit, CBS spokesman Dana McClintock said Tuesday.

No terms of the settlement were disclosed.
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