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Tuesday, 07/19/2011 9:29:53 AM

Tuesday, July 19, 2011 9:29:53 AM

Post# of 432679
InterDigital shares jump 29%; board exploring sale

NEW YORK (MarketWatch) -- InterDigital Inc. IDCC +25.83% shares rose 29% in pre-market trading on Tuesday morning after the board of directors said that the wireless technology development company was exploring a possible sale. Terry Clontz, chairman of InterDigital's board of directors said that the value of intellectual property in the mobile industry had risen "substantially" in the past year, making it an appropriate time to explore strategic options.
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