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Re: None

Friday, 08/19/2011 8:47:09 AM

Friday, August 19, 2011 8:47:09 AM

Post# of 433036
So is there really a scheduled auction and bids entertained such as with Nortel? Can anybody verify that?

And the "stalking horse" is..... ?

"Nokia Corp. (NOK, $5.93, -$0.16, -2.63%) and Qualcomm Inc. (QCOM, $51.01, -$0.06, -0.12%) are among several technology companies considering bids for InterDigital Inc. (IDCC, $69.56, +$5.53, +8.64%), the auction for which will be postponed from next week to after Labor Day, Reuters reported Wednesday, citing sources familiar with the situation."

Nokia, Qualcomm May Bid For InterDigital -Reuters
1:53 PM ET 8/17/11 | Dow Jones


DOW JONES NEWSWIRES

Nokia Corp. (NOK) and Qualcomm Inc. (QCOM) are among several technology companies considering bids for InterDigital Inc. (IDCC), the auction for which will be postponed from next week to after Labor Day, Reuters reported Wednesday citing sources familiar with the situation.

Other companies reportedly interested in the wireless telecommunications specialist, which holds a portfolio of about 8,800 patents, include Google Inc., Samsung Electronics Co. (SSNHY) and Apple Inc. (AAPL).

InterDigital declined to comment, while the other potential bidders weren't immediately available for comment, according to Reuters.
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