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Adidas AG reached an out-of-court settlement with rapper Ye that concludes all claims connected to the sportswear maker’s decision to end their partnership two years ago.
“Both parties said we don’t need to fight anymore and withdrew all the claims,” chief executive officer Bjorn Gulden told journalists in a call. The agreement didn’t include any payments, he added. “No one owes anybody anything anymore. So whatever was is history.”
The German company cut ties with the rapper…
