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July 2nd, 2012
10:14 AM ET

MYB: Apple settles lawsuit over iPad trademark

After two years, the legal battle between Apple and the Chinese company Proview over the iPad trademark has ended.

Apple, the most valuable company in the world, settled the case for $60 million.

Alison Kosik discusses the case and explains how the lawsuit hurt Apple sales in China in today's "Minding Your Business."

Filed under: Minding Your Business
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