(PR-inside.com)
Technicolor Sells its Stake in ContentGuard Paris (France) - September 29, 2011 - Technicolor (Euronext Paris: TCH) today announces it entered into a definitive agreement to sell its 25.7% stake in ContentGuard Holdings, a leading inventor, developer and licensor of digital rights management (DRM), to*Pendrell Technologies LLC, a wholly owned subsidiary of Pendrell Corporation (NASDAQ: PCO). Pendrell Technologies, a company providing innovative intellectual property solutions for leading companies, will acquire 90.1% of ContentGuard Holdings and pay $90.1 million in cash to the current shareholders. In accordance with Technicolor's reinstated debt ..
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Technicolor Sells its Stake in ContentGuard Paris (France) - September 29, 2011 - Technicolor (Euronext Paris: TCH) today announces it entered into a definitive agreement to sell its 25.7% stake in ContentGuard Holdings, a leading inventor, developer and licensor of digital rights management (DRM), to*Pendrell Technologies LLC, a wholly owned subsidiary of Pendrell Corporation (NASDAQ: PCO). Pendrell Technologies, a company providing innovative intellectual property solutions for leading companies, will acquire 90.1% of ContentGuard Holdings and pay $90.1 million in cash to the current shareholders. In accordance with Technicolor's reinstated debt ..
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