InterDigital Inc (IDCC)

[applet]

I don't think the "deal" has put the whole story.
"Deal" mentioned that there are several bidders. And the numbers are at 1-2B level.

Imaging, if you are A company been invited to a bid, by Barcley or Evercore. Then you have two options.
1, politely recline to bid, or
2, to bid at lease higher than the current market.
Because if you bid a price lower than the market, you just humiliate IDCC BoD, Barcley and/or Evercore. That makes no sense.

So if there is several valid bids as mentioned by the"Deal", the overall price can't be 1-2B.

Let's see whats going on.