2:44 p.m.
InterDigital Up 5% After Speculation Apple May Target It as Aquisition 10/11 02:44 PM
02:44 PM EDT, 10/11/2011 (MidnightTrader) -- InterDigital (IDCC) jumps after Seeking Alpha says the company "is the hot name in tech M&A right now as the company is currently going through an auction for a potential sale.
The company is the latest in the race to acquire patents. The company has over 9,000 patents and at least that many more in current applications for new patents. Many of these patents are in high tech devices.."
The story speculates that Apple (AAPL:$399.79,$10.98,2.82%) could be a potential suitor.