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Quarterhill Hires Stout as Financial Advisor for the WiLAN Strategic Review Process
Quarterhill Hires Stout as Financial Advisor for the WiLAN Strategic Review Process ...
About this update from Quarterhill Inc
[{"type":"text","content":"\n \n \n \n Quarterhill Hires Stout as Financial Advisor for the WiLAN Strategic Review Process\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n March 7, 2022\n \n /CNW/ - Quarterhill Inc. (\"Quarterhill\") (TSX: QTRH) (OTCQX: QTRHF), announces that the special committee to the Board of Directors of the company has hired Stout as its financial advisor for the WiLAN strategic review process, which was previously announced on\n \n December 15, 2021\n \n .\n \n \n With 24 offices in the U.S.,\n \n Europe\n \n and\n \n Asia\n \n , Stout is a global investment bank and advisory firm specializing in corporate finance, valuation, financial disputes, and investigations. For 30 years, Stout has served a range of clients, from public corporations to privately held companies in more than 80 countries and in multiple industries. Stout has a fully integrated team of investment bankers, valuation professionals, damages experts, compliance professionals, and technical experts with the ability to execute a full spectrum of Intellectual Property (\"IP\") services.\n \n \n Stout's IP industry expertise includes structuring numerous IP transactions between technology and licensing companies such as WiLAN as well as the strategic review of licensing programs and large patent portfolio transactions for leading technology companies. Stout professionals have also advised on carve outs of tens of thousands of non-core IP assets during and post M&A.\n \n \n Strategic alternatives to be considered may include changes to the corporate structure of WiLAN, the acquisition or disposition of assets, a going private transaction, joint ventures, the sale of WiLAN, alternative operating models, among other potential alternatives. There can be no assurance that this strategic review process will result in the completion of any transaction or other alternative. The special committee of the Board, working closely with Quarterhill's CEO,\n \n Bret Kidd\n \n , will oversee this strategic review of WiLAN over the coming months.\n \n \n \n Abou...