Seeking Alpha

Sources confirm to WSJ that Intel (INTC) joins Apple (AAPL), Ericsson (ERIC) and RPX (RPXC) in...

Sources confirm to WSJ that Intel (INTC) joins Apple (AAPL), Ericsson (ERIC) and RPX (RPXC) in competing for Nortel's 6,000 patents and patent applications against Google's (GOOG) $900M stalking-horse bid, which carries a $25M breakup fee if Google loses. The auction's now on June 27. Probably not involved in any of the joint bids: RIMM (-20.8%), whose fate may match up with Nortel's.
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