InterDigital, Inc. (NASDAQ: IDCC) today announced that its Board of Directors continues to thoroughly explore and evaluate a broad range of potential strategic alternatives for the company, which may include a sale, to a single buyer or consortium of buyers, of the company or select assets of the company.
Magilla, today it was "...deemed that further disclosure is appropriate...".
Thank you for the update.
IR has been doing a great job at returning calls and this bodes well for those of us who believe that the process has not concluded but is merely heating up.
Magillagorilla: That is a statement that says absolutely nothing. It is just about what I expected the company to say if they felt it necessary to make any comment.
InterDigital, Inc. (NASDAQ: IDCC) today announced that its Board of Directors continues to thoroughly explore and evaluate a broad range of potential strategic alternatives for the company, which may include a sale, to a single buyer or consortium of buyers, of the company or select assets of the company.
In making the announcement, InterDigital stated that there can be no assurance that this strategic review process will result in a transaction. The company 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 deemed that further disclosure is appropriate or required by law.