A win for innovation and the environment as UK Innovations Group Ltd prevail in court over Aga [Yahoo! Finance]
The Middleby Corporation (MIDD)
Last the middleby corporation earnings: 2/26 07:00 am
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Source: Yahoo! Finance
LONDON July 22, 2024 /PRNewswire/ -- A significant David v Goliath legal battle between award winning UK Innovations Group Ltd and AGA Rangemaster Group Limited has ended. AGA, owned by US firm Middleby, pursued a legal claim on multiple grounds against UK Innovations Group and Director Michael McGinley , accusing them of copyright and trademark infringement. The claim was brought in respect of 26 AGA cookers which had been refurbished and retrofitted with UK Innovation Group's innovative eControl system which can be retrofitted to radiant heat storage cookers, of which an AGA is one model, renovating them to make them more efficient and controllable. AGA's complaints included that the work to renovate the cookers, through the replacement of original AGA components with replica parts and the conversion from fossil fuel to electronic control by the fitting of the eControl System, meant it was no longer an AGA. In this instance the judge found no legitimate reasons to oppose either
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- The Middleby Co. (NASDAQ: MIDD) had its "buy" rating re-affirmed by analysts at Canaccord Genuity Group Inc.. They now have a $164.00 price target on the stock.MarketBeat
MIDD
Earnings
- 8/1/24 - Beat
MIDD
Sec Filings
- 8/16/24 - Form 4
- 8/8/24 - Form 10-Q
- 8/1/24 - Form 8-K
- MIDD's page on the SEC website