Short Take: Zap Futures extends settlement offer to Zapata

Zap Futures said it has made a settlement offer to Zapata Corporation to resolve a trademark infringement lawsuit. The deal calls for Zap Futures to receive 51 percent of all profits received from "the financial section of Zapata's and Zap's new Web site venture," the company said. Zap has not yet accepted the offer, however.

Jan. 2, 2002 4:43 p.m. PT

said it has made a settlement offer to Zapata Corporation to resolve a trademark infringement lawsuit. The deal calls for Zap Futures to receive 51 percent of all profits received from "the financial section of Zapata's and Zap's new Web site venture," the company said. Zap has not yet accepted the offer, however.