InterDigital Inc (IDCC)

[j70k]

With the proliferation of buyout funds being created, and some of them being massive(Blackstone Group-$30 BILLION), can anyone tell me how they usually operate? Do they take initial positions via the market and then attempt to takeover or do they simply make a bid behind the scene and the offer is then made public via vote? Is the company then taken private, if the offer is accepted? Seems to me our little IDCC would be on these groups'radar screens as a screeming buy at at least double today's price and probably a lot more.The company is a cash cow, with low float, and a future valuation that could go thru the roof in a growing sector. I would think that the bottom line would increase if the company was then taken private. Could anyone shed some light on how these buyout funds usually operate, because I think this is going to be the next big explosion on Wall Street. TIA