Agreement brings end to lawsuit filed by Chrysler in January. LKQ Corporation announced it has entered into a Patent License Agreement with Chrysler Group LLC that grants LKQ a license under certain Chrysler design patents in connection with LKQ’s distribution and sale of aftermarket collision parts in the United States. As part of the agreement, […]
LKQ Makes Deal to Sell Copies of Patented Ford Crash Parts
A settlement agreement was reached Wednesday between Ford Motor Company and LKQ Corporation in the litigation filed by Ford to protect its design patents on collision parts. The settlement provides that LKQ will not challenge the validity and enforceability of Ford’s design patents during the term of the agreement. In exchange, LKQ will become the […]
LKQ Files for Initial Public Offering
LKQ Corp. has filed with the Securities and Exchange Commission (SEC) for an initial public offering. In the prospectus filed with the SEC, the company does not specify the number of shares it is planning to offer nor the estimated share price. Formed in 1998, the auto recycler earned $287.1 million in revenue during 2002, […]
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