InterDigital Inc (IDCC)

[Danny Detail]

Loop and rockitt .. Clearly you both understand the why's and wherefores of IDCC hiring Barclay's and Evercore to explore a sale of the company. Others on this board have demonstrated a complete lack of knowledge in this area. First of all, the representative(s) prepare a "selling document" that all agree will be the ONLY information, written or verbal, provided to potential buyers and ONLY after they have signed a confidentiality agreement. This protects IDCC, their representatives and the potential buyers from even the hint of impropriety re: violating the "full disclosure" rules regarding the protection of inside information during the entire bidding process.

The stakes of a successful and "squeaky clean" process here are enormously high for the shareholders. There are companies, investment firms and even individuals who don't want this deal to happen and will look for any reason to blow it up. So no news is truly good news.

Take care,
Danny