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4 months ago
BRIEF-Malibu Boats settles litigation with MasterCraft Boat Co.
May 2, 2017 / 9:31 PM / 4 months ago

BRIEF-Malibu Boats settles litigation with MasterCraft Boat Co.

May 3 (Reuters) - Malibu Boats Inc:

* Malibu Boats settles litigation with MasterCraft Boat company

* Says under terms of settlement, MasterCraft will make a one-time payment to Malibu Boats

* Says as per settlement, MasterCraft also to enter license agreement for payment of future royalties for boats sold by it using licensed technology Source text for Eikon: Further company coverage: (Reporting by Prithvi Kanti Bandyopadhyay)

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