Fox News and Dominion Voting Systems reached a $787.5 million settlement agreement Tuesday afternoon, the parties announced, narrowly heading off a trial shortly after the jury was sworn in.

“Fox has admitted to telling lies,” John Poulos, Dominion CEO, said in a press conference after the trial was ended.

“Money is accountability,” said Stephen Shackelford, Jr., the attorney scheduled to give opening statements for Dominion on Tuesday.

Fox News also put out a statement.

“We acknowledge the court’s rulings finding certain claims about Dominion to be false. This settlement reflects Fox’s continued commitment to the highest journalistic standards,” the Fox statement said. “We are hopeful that our decision to resolve this dispute with Dominion amicably, instead of the acrimony of a divisive trial, allows the country to move forward from these issues.”

The resolution came after the jury had been sat but before opening statements began.

“The parties have resolved their case,” Delaware Superior Court Judge Eric Davis said Tuesday afternoon, informing the jurors of the settlement. “That your service is done and I’m going to excuse you. Sorry about making you wait.”

The deal ends a monthslong legal battle over whether the media company had defamed the voting machine maker when they broadcast election conspiracy theories in 2020.

The terms of the settlement were not immediately available.