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InterDigital (IDCC +3.8%), which soared last summer after putting itself on sale, and crashed...
InterDigital (IDCC +3.8%), which soared last summer after putting itself on sale, and crashed after finding no buyers, rallied today on a dealReporter column claiming the company is again exploring a sale of its 3G/4G patents, according to sources. This time around, InterDigital is said to have split its portfolio into bundles to draw more buyers, and is "less ambitious on valuation." The company is reportedly "late into the first round of bidding."
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