Purdue Deal Said to Include $1.2 Billion More From Sacklers

The billionaire Sackler family members who own Purdue Pharma LP are proposing to contribute another $1.2 billion to the opioid maker’s bankruptcy settlement plan, part of a deal to wipe out lawsuits targeting the company, according people familiar with the deal.

The Sacklers’ offer brings the total cash they’d contribute to Purdue’s Chapter 11 plan to more than $4.2 billion, up from $3 billion, the people said. The compromise came after state attorneys general involved in mediation talks demanded an increase of more than $2 billion, according to the people, who asked not to be identified because the information is ...