InterDigital Inc (IDCC)

[Rmel26]

Even if GOOGLE is the only one to bid, it will still be a substantial amount for the following reasons:
1. Google would have no idea that they are the only one to bid and will be taking a big risk again with a lowball offer
2. IDCC could just reject Google's offer, and Google will be back to square one.
3. Google cannot risk a company buying a huge stake in IDCC. Imagine APPLE, instead of buying IDCC outright, buys a 35% stake in the company.

My one concern is that Apple or an Apple led group may face antitrust issues in light of their purchase of the Nortel patents. If they are buying it to prevent Google from getting cross licensing power, the DOJ may step in. Take Apple out of the equation and the bidding war doesn't look nearly as explosive