What may be the most expensive water-balloon fight in history is finally over. The companies behind Bunch O Balloons, a toy used to fill dozens of water balloons at once, has received $31 million as part of a settlement of a long-running patent dispute with TeleBrands Corp., maker of a rival product known for its “As Seen on TV” logo.

Source: Wall Street Journal May 20, 2019 21:45 UTC