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Re: DewDiligence post# 6772

Tuesday, 12/23/2014 2:54:08 PM

Tuesday, December 23, 2014 2:54:08 PM

Post# of 30546
MON, DD settle dual patent lawsuits:

http://finance.yahoo.com/news/dupont-monsanto-reach-settlement-litigation-190000536.html

DuPont (DD) and Monsanto Company (MON) announced today that they have agreed to settle and dismiss their respective patent infringement lawsuits pending in U.S. District Court in St. Louis. The litigation related to claims by Monsanto that DuPont had infringed certain Monsanto seed chipping patents and claims by DuPont that Monsanto had infringed certain DuPont patents related to seed processing. Terms of the settlement are not being disclosed.

These lawsuits were separate from the ones in the large settlement between the companies announced in Mar 2013 (#msg-86130866).

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