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Re: IMO 

By: DCLARKE in IDCC | Recommend this post (2)
Wed, 25 Jan 12 10:36 PM | 255 view(s)
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Msg. 44363 of 48237
(This msg. is a reply to 44362 by teecee)

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I think that is why management was making the sale to shareholders about the $800m opportunity. Now the process cannot be controlled by management and the board. Imo, the bidders determined that it did them no good to make a bid for the company during the SA process. They knew the stock would tank in the aftermath softening up the shareholders for a low offer. Now someone can take an offer direct to the shareholders. On the other hand the infringers now have to decide to deal directly with IDCC and their tiny per unit rate or face a competitor or worse another NPE. Do the infringers want 3 "Interdigitals" suing for a rate that in total is 3X what they can sign for now? I think this announcement on Monday really raised the stakes.

Dclarke




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The above is a reply to the following message:
IMO
By: teecee
in IDCC
Wed, 25 Jan 12 10:23 PM
Msg. 44362 of 48237

idc is EXTREMELY vulnerable to a low ball takeout now....some one can easily come and make a tender well below the warrant strike....and stand a good chance of the shareholders tendering their shares anywhere above 50....just think at 2.5byn dollar tender...would be 54 per share...less net cash of approx 500k....thats 2 byn net....regardless of what any of the naysayers say...our TOTALLY UNENCUMBERED [unencumbered by mgmt also] 4g/lte and beyond ipr is easily worth 2byn...the rest could be sold for scrap!!!!


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