Replies to Msg. #655861
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 Msg. #  Subject Posted by    Board    Date   
42840 Re: Interdigital Sale Structure
   Do you have a link describing the "Foster acquisition" and outlining t...
bulldzr2   IDCC   22 Sep 2011
10:16 PM
42824 Re: Interdigital Sale Structure
   That makes for a very big tax bill. I hope they don't do that.
MJPLIFE11   IDCC   22 Sep 2011
8:46 PM
42823 Re: Interdigital Sale Structure
   Like every speculative structure posted on any of the MB's, [i][u][b]I...
tfwg   IDCC   22 Sep 2011
8:40 PM
42822 Re: Interdigital Sale Structure
   I am expecting this and it will payable "to shareholders of record at...
quicken   IDCC   22 Sep 2011
8:29 PM

The above list shows replies to the following message:

Interdigital Sale Structure

By: DCLARKE in IDCC
Thu, 22 Sep 11 8:19 PM
Msg. 42821 of 48237
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Not sure if anyone noticed but in the Fosters acquisition, Fosters is returning capital to shareholders which amounts to about $844m if my math is correct or about 8.3% ($.30 special dividend and $.135 regular dividend). I believe evercore setup the process for bids to ignore the cash balance as it will be handled prior to closing as did Fosters. IMO, the board is continuing the dividend and will announce a "capital return" of about $14 per share when the deal is announced. Thoughts?

Dclarke