March 5 (Reuters) - Interdigital Inc:
* INTERDIGITAL ANNOUNCES CONVERSION RATE ADJUSTMENT TO AND CONVERTIBILITY OF 1.50PCT SENIOR CONVERTIBLE NOTES DUE 2020
* INTERDIGITAL - PLANS TO EFFECT CORPORATE RESTRUCTURING WHEREBY CO TO CREATE NEW FIRST-TIER UNIT CORP WHICH IN TURN WILL CREATE NEW DIRECT UNIT CORP
* INTERDIGITAL INC - MERGER SUB TO MERGE WITH AND INTO CO, AS A RESULT OF WHICH COMPANY WILL BECOME A DIRECT WHOLLY OWNED SUBSIDIARY OF HOLDCO
* INTERDIGITAL INC - EACH OUTSTANDING SHARE OF COMMON STOCK OF COMPANY WILL BE EXCHANGED FOR SHARES OF COMMON STOCK OF HOLDCO
* INTERDIGITAL INC - REORGANIZATION IS EXPECTED TO BE EFFECTED ON APRIL 3, 2018
* INTERDIGITAL INC - CONVERSION RATE FOR NOTES DUE 2020 HAS BEEN INCREASED TO 13.9392 SHARES OF CO’S COMMON STOCK PER $1,000 PRINCIPAL AMOUNT OF NOTES Source text for Eikon: Further company coverage:
