A lawsuit brought by
against software giant
and its online travel and airline ticket unit,
, has been settled, according to published reports.
reported after the bell that Exepedia will pay a royalty fee to priceline.com for its "name your own price" service. Other details of the arrangement are confidential, the companies reportedly said.
Shares of the "name your own price" Web site surged 56 cents, or 36%, to $1.81 at Tuesday's close, and was lately up 32 cents to $2.13 in after-hours