Tuesday, April 17, 2012

RIM Hires Bankers - Maybe a sign of a sale?

Media_httpstatic5busi_hqdxk

Research In Motion has hired bankers to "weigh strategic options," Bloomberg reports.

It seems like that's all RIM does nowadays.

We don't know what it means, but the stock shot up 4% on the news, so it looks like investors think it means it might be ready to sell itself.
The news was just a headline on a Bloomberg. We'll get you more as we get it.

It's worth noting that RIM said it was going to explore all options in its latest earnings release. Either this is the formalization of that process, or after a quick exploration, it may have just decided to try to sell the company.

Posted via email from Inspiration

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