This is a fairly safe bet. It is slowly being bid up as each side says, give us another chance to top that bid!! Hard to see it any other way. Over 100 ps is pretty much a cinch.
We respond to him because the more he writes the more desperate he becomes and the more he exposes himself to the fraud that he is. He just had the stupidity to say I know nothing about the M&A process yet where I work we have been on one of the biggest buying sprees (# of companies) of any Fortune 500 company. But, if he were indeed part of the M&A world he would know about that company in the midwest that has been gobbling up companies left and right.
You are all so ignorant of this process. Frankly, it's scary how uninformed you are.
BS! Where I work we buy companies on a fairly regular basis. ~$2B Worth in the last two years. One of the big ones that is coming into our side of the business was a bidding situation that took over 6 months to hammer out and 9 months later they are still reporting as a separate company. Do 2 seconds of DD and you will find out some processes take a while, and rarely are there deadlines. Why the F rush something as big as a multi-million or billion dollar purchase?
Lind, the reason why you're not short is because you're broke. The reason why you're a basher on IDCC is because you're jealous that people are going to make a lot of money once the auction is over, go get a job, quit sitting around all day on your moms computer down in the basement
Frankly, I'm more surprised why people even respond to you period. I don't care about your agenda because it's obvious your short. That's OK by me, I could care less. The thing i completely disagree with your take on this company. It's you who is uninformed and when they get sold, and they will, it's me that will be laughing. You're pathetic!!!
Auction is done..negotations taking place outside of auction process. RIM and YHOO rumors today were not coincedence but thrown out by parties involved in IDCC deal to distract attention away. Things were getting "hot" and they didn't want more leaks. I can't say a deal is done today or tomorrow, but it sounds like sides are close.