I'm glad the feud is over, an agreement was reached.
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A rift between the Cato Institute and two of its leaders, the billionaire brothers Charles and David Koch, ended Monday with an agreement to revamp the research group’s leadership in a way that Cato officials said should maintain its political independence.
As part of the agreement, the Koch brothers will drop two lawsuits they had brought to gain greater control over the institute’s board. In exchange, the Cato Institute said that its longtime chief executive, Ed Crane, who had been at odds with Charles G. Koch, would retire.
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Charles Koch helped found Cato in 1977, and his family has donated more than $30 million to it over the years. But he and Mr. Crane had a bitter falling-out over management and philosophical differences, and the Kochs had been angling for Mr. Crane’s removal for years.
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Through groups like Americans for Prosperity, the Kochs have fought many of President Obama’s key policies, including business regulation and health care reform. But some of Cato’s libertarian positions supporting liberal causes like same-sex marriage and drug decriminalization have angered conservatives.