InterDigital Inc (IDCC)

[GrnAcrs]

Vexari, go to Wireless Ledger. Here's an excerpt from that web site regarding IDC's poison pill:

My comment: Forget the $250.00 threshold...

"InterDigital has been sufficiently wary of a hostile takeover at an unsatisfactory price that the Board of Directors has instituted a "poison pill" defense.

The basic methodology for InterDigital's "poison pill" defense has been found effective in causing major delays in hostile takeover attempts, if not blowing the attempts out of the water outright. Some of the provisions of InterDigital’s poison pill strategy are deliberately kept secret to help foil the hostile takeover. The strategy involves automatically enabling a new class of stock that would be in "safe hands" of shareholders not willing to sell at the level offered. The new shares have "trump card" voting power versus the common shares (that might fall into the hands of the takeover specialist) currently held by shareholders. The strategy, at a minimum, forces the potential acquirer to become involved in a dialogue with InterDigital and avoids the blindsiding of the Board of Directors by a sneak attack.

Of course, a poison pill is only intended to prevent a hostile takeover, not a friendly acquisition. Under some conditions, the Board of Directors and shareholders might welcome a friendly takeover. WirelessLedger doubts that an offer of less than $100 per share would be viewed as friendly by the Board of Directors, because of the Company's earnings potential when 3G technology becomes dominant and annual earnings of up to $1 billion might be possible."

http://www.wirelessledger.com/TabbedPages/IDCCreport/Valuation.htm#acqupotential

WirelessLedger Home Page:
http://www.wirelessledger.com/Index.html

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http://www.investorshub.com/boards/read_msg.asp?message_id=11611123