Form 8-K Marathon Patent Group, For: Aug 14

Go back to Form 8-K Marathon Patent Group, For: Aug 14

Marathon Patent Group (MARA), Uniloc Luxembourg Enter Merger Agreement

August 17, 2015 6:54 AM EDT

Marathon Patent Group (NASDAQ: MARA) and Uniloc Luxembourg SA announced today that they have entered into a definitive agreement, under which the companies will be combined in an all-stock merger of equals intended to qualify as a tax-free reorganization. The new company will be called Marathon Group SA.

The new company's combined assets under management will be balanced between patents purchased from third parties and patents internally developed. Marathon Group will begin with a current portfolio of 662 patent assets. These patented ideas cover products and methods in the automotive, medical device, software, identity management, device... More