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BRIEF-Amerco says U-Haul International and Pods Enterprises LLC enters into settlement agreement

Oct 11 Amerco

* AMERCO - On Oct 10, U-Haul International and Pods Enterprises LLC entered into settlement agreement which concludes litigation between U-Haul and PEI

* Says as part of agreement, U-Haul will pay $41.4 million to PEI

* Says had previously recorded a $60.7 million accrual in Q4 of fiscal 2015

* AMERCO - U-Haul will record $24.6 million difference between accrued contingency and final settlement amount as reduction in operating expenses in Q2 of fiscal 2017 Source: (bit.ly/2dZrMsy) Further company coverage:

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