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Internet Patents Corp. (PTNT)

  • Wed, Jun. 24, 12:45 PM
  • Apr. 24, 2014, 12:46 PM
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  • Aug. 5, 2013, 12:45 PM
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  • Jan. 10, 2012, 6:59 PM
    Internet Patents Corporation (PTNT), formerly InsWeb (INSW), announces a special cash distribution of $5.00 per common share, for a total distribution payment of $33m based on approximately 6m outstanding shares. Shares +12.6% AH.
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  • Oct. 10, 2011, 7:06 PM
    In a move that will transform it into a patent holding firm, InsWeb (INSW) agrees to sell substantially all of its remaining assets to its online peer Bankrate (RATE) for $65M in cash. The company will retain its patent portfolio, which it will license to Bankrate on a perpetual, royalty-free and non-exclusive basis.
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Company Description
Internet Patents Corp is engaged in Patent Licensing Business. The Company's portfolio consists of seven e-commerce patents.
Sector: Services
Country: United States