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Palm Buyout Could Close This Week

Mar 20, 2007, 8:39 AM by (staff)

Palm, maker of the Treo smartphones, is expected to sell itself off this week, possibly as early as Thursday. The top bidders include two private equity firms, Texas Pacific Group and Silver Lake Partners, and two manufacturers, Nokia and Motorola. Palm is working with banking firm Morgan Stanley to close the deal, and is said to prefer selling to a private equity buyer. Nokia is considering bids in the $19 to $20 range, which is close to the $20 per share minimum that Palm is seeking. Motorola may enter the bidding process in an attempt to block Nokia from successfully acquiring the smartphone maker and thereby gaining some much-needed leverage in the U.S. market. Motorola's struggling handset business could also use the boost represented by adding the Treo phones to its portfolio.

more info at Reuters »

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Subject	Author	Date
NOT MOTOROLA!	Jorin	Mar 21, 2007, 9:59 AM
Re: NOT MOTOROLA! by Versed Mar 21, 2007, 4:53 PM Re: NOT MOTOROLA! by Jorin Mar 22, 2007, 10:26 AM Re: NOT MOTOROLA! by Versed Mar 22, 2007, 5:16 PM
Struggling?	buckeye12	Mar 20, 2007, 1:22 PM
Re: Struggling? by middlekid3058 Mar 20, 2007, 2:05 PM Re: Struggling? by oudidntkn0w Mar 20, 2007, 2:28 PM Re: Struggling? by Versed Mar 20, 2007, 10:10 PM Re: Struggling? by ckverizon1 Mar 21, 2007, 6:31 PM Re: Struggling? by Jorin Mar 22, 2007, 10:40 AM
Nokia	LatinoGeek	Mar 20, 2007, 9:06 AM
Re: Nokia by japhy Mar 20, 2007, 10:19 AM Re: Nokia by SprintPCSGuy Mar 20, 2007, 10:54 AM Re: Nokia by japhy Mar 20, 2007, 11:11 AM Re: Nokia by SprintPCSGuy Mar 20, 2007, 11:14 AM Re: Nokia by Argonnj Mar 20, 2007, 8:35 PM (more replies...) That would be a good thing. by TexasFury Mar 21, 2007, 12:16 AM Re: That would be a good thing. by Argonnj Mar 21, 2007, 9:23 AM Re: That would be a good thing. by algorithmplus Mar 21, 2007, 6:00 PM Re: That would be a good thing. by mapleleaf88 Mar 21, 2007, 10:43 AM
Motorola CAN'T buy Palm. How could they scuccessfully market Treos?	SprintPCSGuy	Mar 20, 2007, 11:17 AM
Re: Motorola CAN'T buy Palm. How could they scuccessfully market Treos? by Rich Brome Mar 20, 2007, 4:15 PM No way! by japhy Mar 20, 2007, 4:37 PM

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