why isn't anyone bidding on it? Why aren't the principals shopping it? The in-fighting and Litigation would end in a heartbeat if there was a potential serious bid.
IMO, the most damning thing for PTSC/MMP is that there hasn't been a serious bid for the portfolio. Nuisance payments are just that. Nortel is bankrupt and Ericsson, et. al. still paid up for their patents.
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201107010121dowjonesdjonline000063&title=ericsson-consortium-wins-nortel-patent-portfolio-with-$4.5-billion-bid
STOCKHOLM -(Dow Jones)- Swedish telecommunications gear vendor Telefon AB L.M. Ericsson (ERIC) said Friday that as part of a consortium it has won the bid for Canada'sNortel Networks Corp.'s (NRTLQ) remaining patents and patent applications.
The total cash purchase price amounts to $4.5 billion, of which Ericsson's contribution is $340 million, with the rest made up from the other members of the consortium that includes Apple Inc. (AAPL), EMC Corp. (EMC), Microsoft Corp. (MSFT), Research In Motion Ltd. (RIMM) and Sony Corp. (SNE).
The purchased patent portfolio includes around 6,000 patents and patent applications in telecommunications, internet search and social networking, and covers mobile, long term evolution and data networking as well as optical, internet, service provider, semiconductors and other patent portfolios, the company said in a statement.
