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Strategies & Market Trends : Calls and Puts for Income

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To: Keith J who wrote (5486)11/6/2012 2:20:48 PM
From: Bocor   of 5891
 
Vringo ( VRNG) has won its patent suit against Google ( GOOG). The company has been awarded $30M in damages and a royalty on Google search ad revenue through 2016, when Vringo's patent expires - some reports indicate the royalty rate is 3.5%. Google will almost certainly appeal. Vringo shares remain halted.
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