Callaway Golf Co. (ELY) and Acushnet Co. said Friday that they have reached a settlement of all pending litigation and disputes, including disputes beyond the golf ball suits between the parties.
No money changed hands, but under the terms of the agreement, each company will have specified rights to make ball and club products under patents owned by the other.
Details of the settlement are confidential.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.