Phone Scoop

printed August 2, 2015
See this page online at:
http://www.phonescoop.com/articles/discuss.php?fm=m&ff=10276&fh=3110337

Home  ›  News  ›

RIM Hires Bankers to Help Restructure

Article Comments  

all discussions

Sale bafore bankruptcy?

Andras888

Apr 23, 2012, 11:25 AM
I think RIM wants to do one better than Nortel did: Sell what they can before they go bankrupt.
...
HawkeyeOC

Apr 23, 2012, 1:34 PM
Andras888 said:
I think RIM wants to do one better than Nortel did: Sell what they can before they go bankrupt.


It's a restructuring effort in order to make sure they are profitable moving forward and most likely everything is on the table. Nortel made no such real effort and their lack of focus did them in.
Honestly, it should be much easier for Rim to identify what they need to concentrate on. Nortel had it's hands in so many different areas, no one even them knew what they did Laughing

"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 ...
(continues)
...
Mark_S

Apr 23, 2012, 5:46 PM
RIM + BANKERS= RIMJOB
...
HawkeyeOC

Apr 23, 2012, 6:05 PM
Mark_S said:
RIM + BANKERS= RIMJOB


The article is misleading anyway:

"A number of investment banks have approached RIM over the past several months, vying for a role as financial adviser. But for now, RIM is not expected to hire a banker unless it decides to sell off a major asset or if the company receives takeover interest from an industry competitor, the sources said."

RIM + LAW FIRM = Help Restructuring

The "Bankers" could come later when you can gladly watch the RIMJOB Laughing
...
T Bone

Apr 23, 2012, 11:36 PM
RIM is nowhere near bankruptcy, they posted a PROFIT of more than $2 billion in 2011....
...

This forum is closed.

Please log in to report a message to the moderator.

This forum is closed.


all discussions

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2