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RIM May Be Hiring Bankers to Explore Options

Article Comments  14  

Apr 16, 2012, 4:58 PM   by Eric M. Zeman   @phonescooper

Research In Motion is seeking out banking firms in the search for guidance on its options moving forward, according to three sources cited by Bloomberg. Bloomberg's sources indicate that the company is weighing a bank in Canada, as well as a bank with a global presence. The company, which announced several strategic changes during its March 29 earnings report, is said to be looking at ways to turn itself around. Bloomberg's sources suggest that the company is considering how to best leverage its BlackBerry Messaging platform, as well as licensing its patent portfolio. Microsoft and Samsung are said to be interested in these options, says Bloomberg. RIM declined to comment om Bloomberg's story.

more info at Bloomberg »


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Apr 16, 2012, 10:39 PM

This is the end.

Looks like the ship is beginning to sink.
We all know how Banks have almost destroyed the world economy and no one is held accountable.
Are bankers good at bankruptcy?
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