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News Focus
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dmiller

09/12/11 9:55 PM

#335975 RE: F1fan360 #335974

Nope
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frobinso

09/12/11 10:36 PM

#335980 RE: F1fan360 #335974

I think IDCC clearly stated up front they were not going to referee this type of rumor mill, and clearly IDCC is not the source of these unsubstaniated accounts.

If Evercore or Barclays is behind this type of anonymous reporting, I can't say whether or not they would be a part of it either and so I cannot attribute any sense accuracy to the statements.

I think it was stated when they contacted the companies that no comments were made to affirm or rebutt the hearsay.

Since everyone, including me, parses every word in such a cone of silence time, I think IDCC makes the wisest move by saying nothing at all.

Where it counted, they did step in on Friday - to state their support of the patent bill when some article came out stating that IDCC was not happy with the bill - IDCC stepped in and clarified to correct that incorrect perception. I think that also gives a hint at what is rumor, and what is materially important information.

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ciciagt

09/12/11 11:45 PM

#335996 RE: F1fan360 #335974

Just keep re-reading:
"The company has retained Evercore Partners and Barclays Capital as its financial advisors to assist with the strategic review process. In making the announcement, InterDigital® stated that there can be no assurance that this strategic review process will result in a transaction. The company has not set a timetable for completion of the review process, and it does not intend to comment further regarding the review process unless a specific transaction is approved by the Board of Directors, the review process is concluded or it is otherwise determined that further disclosure is appropriate or required by law. "
http://ir.interdigital.com/releasedetail.cfm?ReleaseID=592481