After Hours Stock Movers 3/20: (UPIP) (GNK) (ANN) (COMM) Higher; (AIR) (SYMC) (NKE) Lower (more...)
Unwired Planet, Inc. (Nasdaq: UPIP) 72.23% HIGHER; The company and Lenovo announced that Lenovo has agreed to purchase a portfolio of patents from Unwired Planet and to take a term-based license to Unwired Planet’s patent portfolio. The aggregate consideration for the combined transaction is $100 million payable in cash.
Genco Shipping & Trading Ltd. (NYSE: GNK) 31.5% HIGHER; made the scheduled semi-annual interest payment of approximately $3.1 million originally due on February 18, 2014 under its 5.00% Convertible Senior Notes due August 15, 2015 (the “Notes”). Such payment was made within the applicable 30-day grace period under the Indenture