Paris Hilton has made it official ... she's dropping her lawsuit against a swimwear/lingerie company and going into business with her former enemy.
As we reported ... Hilton and Le Bonitas were embroiled in a bitter lawsuit last year over a product deal gone bad. Hilton signed a 5-year contract to create a line of lingerie, PJs and swimwear, but the project went South.
LB sued Hilton for more than $200,000 for allegedly blowing off her obligations ... and Hilton (repped by Michael Weinsten) sued back for $1.5 million -- but now the two have made peace, agreeing to a totally new lingerie/swimwear deal.
Paris and LB are now saying their old beef is "water under the bridge."
See kids? Money fixes everything.
TRUCE with Lingerie Co.
... Can't Beat 'Em, Join 'Em
5/1/2013 11:15 AM PDT BY TMZ STAFF
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