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M&A rumors continue giving InterDigital (IDCC +6.6%) investors vertigo. Shares rose today on...

M&A rumors continue giving InterDigital (IDCC +6.6%) investors vertigo. Shares rose today on a DealReporter story claiming bidders who had given up on buying the company may be reconsidering, and Intel (INTC) could be trying to form a consortium that would make a bid. 2 weeks ago, a DealReporter story sent InterDigital shares in the opposite direction.
Comments (1)
  • If the venture does become a consortium, I doubt the deal would do much to move the needle, either short or long term, for an INTC investor's portfolio.
    12 Oct 2011, 10:01 PM Reply Like
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