In Business This Week
APPLE MAKES PEACE WITH THE BEATLES
It's the end of a long and winding road. After more than two years of litigation in Britain, Apple Computer has settled its dispute with Apple Corps, the London company that guards the music and trademarks of the Beatles.
Apple Corps had filed suit against the Cupertino (Calif.) PC maker, charging that the use mf Macintosh computers in composing and printing music had violated a 1981 agreement that barred Apple Computer from the music business in exchange for use of the Apple name. Settlement terms were undisclosed, but insiders believe Apple Corps emerged with about $30 million. A lawyer involved in the process estimated that legal costs for the two sides topped $12 million.EDITED BY HARRIS COLLINGWOOD