Vringo (VRNG) announces that it will merge with privately-held Innovate/Protect in a stock swap...

|By:, SA News Editor

Vringo (VRNG) announces that it will merge with privately-held Innovate/Protect in a stock swap deal. In addition, the company names Andrew Perlman as its CEO to replace Jonathan Medved. Shares of VRNG +18.2% premarket.