Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

According to Reuters, RPX Corporation (RPXC) exploring strategic alternatives

  • January 24, 2018


StockRPX CorporationSymbolRPXC
Date Announced01/24/2018Source Reuters
TypeNews Report
Date of Confirmation: 05/01/2018Price at Confirmation: $10.43
Potential Profit: -25.13%Annualized Profit: -94.54%

RPX Corp (RPXC), a U.S. provider of patent management services, is exploring a sale as part of a review of its options, according to people familiar with the matter.


May 01, 2018:  RPX Corporation (RPXC), the leading provider of patent risk and discovery management solutions, today announced it has entered into a definitive agreement to be acquired by HGGC, a leading middle market private equity firm, in an all-cash transaction valued at approximately $555 million.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.