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ecig observer

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ecig observer

Re: dskarpus post# 1452

Wednesday, 04/25/2012 2:49:01 PM

Wednesday, April 25, 2012 2:49:01 PM

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Blu settled its patent litigation with Dragonite last week for an undisclosed amount. I have to wonder how much of the $135 million that Lorillard is paying for Blu Cig will go to Dragonite. I suspect that settling the patent litigation was a condition to getting this deal between Blu Cig and Lorillard negotiated, signed and announced. At the very least this should help dragonite fund and continue its patent prosecution for some time.
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