AP Settles Moreover, Verisign Copyright Suit; Terms Undisclosed
The headline pretty much says it all ... the Associated Press has ended its legal fight with Moreover Technologies and its parent VeriSign (NSDQ: VRSN). The news service sued the two in U.S. District Court for the Southern District of New York last October, claiming infringement. Terms of the settlement aren’t being disclosed. Release.
We reported a while back that AP was considering acquiring the news search and delivery firm from VeriSign, which is divesting its non-core assets. During the Q2 earnings call, VeriSign referred to two potential sales that fell through but it was unclear if this was one.
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Aug 18, 2008 9:44 AM ET
Posted In: Legal, associated press, verisign
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Comments (1)
Aug 18, 2008 11:57 AM
Isn’t it interesting to see two organizations in the business of providing information agreeing to withhold information from the public? Won’t that be great for AP reporters next time they are trying to dig information out about big businesses or the government.