So, Roxy thinks that the company has been sitting in a warroom with evercore and barlays for 2 months writing a list on a whiteboard of possible alternatives? lol. What a douche. The company and its board are always looking into strategic alternatives, that is their job. lol. I am not sure what roxys backround is but it cant be in managing a business. The press release stateg that the company would annouce a "specific transaction" or that it is over, not a method for a specific alternative, ie auction is a method for selling something. lol. Companies do not generally say were are now up for sale to the highest bidder and put a sign in the yard, although that is what roxy and his infinite experience is looking for. Most companies say they are looking into strategic alternative just in case they determine another route makes sense. Between this and his FRAND theories I cant believe he is not laughed off the board.
The company has retained Evercore Partners and Barclays Capital as its financial advisors to assist with the strategic review process. In making the announcement, InterDigital® stated that there can be no assurance that this strategic review process will result in a transaction. The company has not set a timetable for completion of the review process, and it does not intend to comment further regarding the review process unless a specific transaction is approved by the Board of Directors, the review process is concluded or it is otherwise determined that further disclosure is appropriate or required by law.
Dclarke
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