The following statement was issued to PWInsider.com this morning:
FloSports and WWN have jointly announced that they have agreed to resolve their dispute. The terms of the agreement are to remain confidential.
FloSports General Counsel, Paul Hurdlow said "We're pleased to have this behind us and wish WWN well in the future."
WWN CEO Sal Hamaoui stated “WWN is pleased that this unfortunate situation has been mutually rectified. We wish FloSports the best in their future endeavors.”
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Based on the verbiage in the statement, it seems obvious to me that the two sides came to a financial settlement.
FloSports and WWN have jointly announced that they have agreed to resolve their dispute. The terms of the agreement are to remain confidential.
FloSports General Counsel, Paul Hurdlow said "We're pleased to have this behind us and wish WWN well in the future."
WWN CEO Sal Hamaoui stated “WWN is pleased that this unfortunate situation has been mutually rectified. We wish FloSports the best in their future endeavors.”
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Based on the verbiage in the statement, it seems obvious to me that the two sides came to a financial settlement.
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