Based upon the JP Morgan presentation today, if it wasn't obvious already, the reason why a sale for the entire company was not completed was the inability to form a complete consortium. DealReporter even hinted at this during the SA, that consortiums were trying to be established but never could be.
Merritt said the following today:
So we quickly got into an
exercise, the only way we could sell the entire company was if we sort of herded
together a group of buyers. That's a difficult process there is tax implications
in doing that in efficient in terms of the tax structure. But we continue to get
interest for smaller pieces of the portfolio.
http://seekingalpha.com/article/595581-interdigital-s-ceo-presents-at-40th-annual-j-p-morgan-global-technology-media-and-telecom-conference-transcript?source=feed&utm_source=JazzMantic
So if consortiums could not be formed because of tax and the reality of bringing warring parties together during a patent war going on, InterDigital decided to indirectly form consoriums by selling patent pools to those who were individually interested. In doing so, InterDigital can get to the point where they are left with the patents that someone really wants ...
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