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Thread: New Costco golf balll
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03-23-2017 07:27 PM #1
Acushnet has been aggressive protecting their patents and knocking out smaller competitors. But we're talking about a company w $6b in cash and short-term investments ($4.7b in cash) vs. another w just $63m cash (after removing $13m accounting from a JV). Costco could really take this far and severely wound Acushnet financially (no way Acushnet goes to market to tap new equity just to fight lawsuit) hence why Costco's lawsuit is so wide and encompassing (to really stretch Acushnet financially to defend lawsuit). Now of course, unless Acushnet is so confident Costco has definitely infringed on their patents. Def an interesting battle to watch...
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