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RIM Hires Bankers to Help Restructure

Article Comments  7  

Apr 23, 2012, 7:48 AM   by Eric M. Zeman   @phonescooper

According to sources cited by Reuters, Research In Motion has hired law firm Milbank, Tweed, Hadley & McCloy to help it devise the best way to reorganize its business moving forward. Some of the ideas on the table include selling select assets, looking at joint ventures, licensing patents to other companies, or opening up access to ir proprietary network. In particular, the company wants generate the maximum possible revenue from its forthcoming BlackBerry 10 platform, which is due to arrive late in the year. Neither RIM nor Millbank, et al., commented on Reuters story, but Reuters' source said, "This is a very mature strategy and RIM was very far down the road with a lot of those discussions with carriers."

more info at Reuters »



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Subject Author Date
RIM nothing but HELP. marufio Apr 23, 2012, 7:37 PM
Sale bafore bankruptcy? Andras888 Apr 23, 2012, 11:25 AM
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