Analysis: Even after hiring bankers, RIM running out of options

Jan 23 2014

A logo of the Blackberry maker's Research in Motion is seen on a building at RIM Technology Park in WaterlooTORONTO/NEW YORK (Reuters) – BlackBerry maker Research In Motion Ltd may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers. The bankers – including leading M&A specialists from Royal Bank of Canada and J.P. Morgan – will explore options as drastic as an outright sale, one of the alternatives that RIM seems determined to avoid. But analysts and investors doubt that anyone is ready to buy the whole company at this time, despite a price that looks tantalizingly cheap on paper. …

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    Originally posted 2012-05-31 19:40:03. Republished by Blog Post Promoter

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