Alexander Poltorak was again quoted regarding the sale of the Nortel patents, as U.S. antitrust enforcers at the Justice Department have approved Google's $900 million opening bid ("U.S. Clears Google's Bid for Nortel Patents," Wall Street Journal, June 15, 2011). The sale is scheduled to take place on June 20.
Article excerpt:
The winner of the auction "will have a very important stockpile of weaponry to countersue, said Alexander Poltorak, chief executive officer of General Patent Corp., which isn't advising any of the parties in the Nortel auction. "That will keep a lot of potential aggressors at bay."
Read entire article on Wall Street Journal website (subscription required to view full article)