A settlement has been reached in Dominion Voting Systems' defamation lawsuit against Fox News, Judge Eric Davis has announced in the courtroom.

"The parties have resolved their case," the judge said.

ABC News and CNBC are reporting that Fox Corp will pay Dominion Voting Systems $787 million 

"We wish to express our deepest appreciation" to the court, a Dominion attorney told the judge.

Davis commended both teams, saying, "I've been on the bench since 2010 ... and I think this is the best lawyering I've had, ever."