InterDigital Inc (IDCC)

[The_Net]

Companies are involved in MA's and due diligences, secretly behind the scene, all the times. I don’t recall that IDCC released any news prior and during the due diligence process of acquired Tantivy’s asset. “Prior to the acquisition, no executive or employee of Tantivy was an officer, director or principal shareholder of InterDigital. The acquisition was negotiated on an arms-length basis.” filed with SEC.

What reasons that IDCC wants publics (and its shareholders) to know that the company is exploring strategic alternatives even though it might not be resulted in a closed deal.