logo
Share SHARE
FONT-SIZE Plus   Neg

Callaway Golf, Acushnet Settle Patent Disputes

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Jeff Bezos, the CEO of Amazon, has overtaken Berkshire Hathaway's founder Warren Buffet to become the third-richest person in the world, according to the Bloomberg Billionaires Index. Bezos is now behind clothing retailer Zara's founder Amancio Ortega, who is now second, and Bill Gates, co-founder... The White House has announced new initiative to fight climate change, curb usage of fossil fuels and increase access to clean energy by pushing the use of electric vehicles. The Obama administration announced a series of actions from the Federal government, private sector, and states, as well as... Telecom giant Verizon Communications Inc. is reportedly very close to a deal to buy the core business of struggling internet company Yahoo Inc. Verizon has trumped out rival bidders and is close to acquire Yahoo's core internet business, reported Bloomberg News, citing people familiar with the matter. Verizon...
comments powered by Disqus
Follow RTT