• RIM's stock raises 9% with News of Possible Takeover


    The Toronto Star has reported that Research in Motion, maker of our beloved BlackBerry devices, has received a 9% stock raise in anticipation of a takeover. They also mention that this 9% increase is also possibly due to the recent announcement of job cuts by RIM and rumors that Apple Inc.’s latest iPhone may be late to hit the market.

    After receiving a hard blow in the 1st quarter of 2011, it seems that RIM might be floating above water now. Above water long enough to sell and get off the raft. Who would be the company to buy out RIM? Would they keep the line and try to build it up or would they liquidate and kill off the BlackBerry? Will Jim and Mike, CO-CEO's of RIM, let RIM go without a fight?

    This is what the Star had to say:
    Paul Taylor, chief investment officer at BMO Harris Private Banking in Toronto, said bargain hunting investors may have rediscovered RIM after the stock was “vastly oversold” and emerged as a favorite target of short sellers.

    He also said any takeover of RIM would likely involve a hostile pursuit, given that the company’s co-chief executives say they are more committed than ever to turning RIM around as a free-standing entity.

    Other analysts said while they recognize that RIM has valuable assets, the deteriorating BlackBerry brand makes a near-term buyout unlikely.
    I guess we will just have to sit and see what happens, however the minute something does happen we will make sure you know about it!

    This article was originally published in forum thread: RIM's stock raises 9% with News of Possible Takeover started by TheOnlyJrod View original post


    comments powered by Disqus
  • Sponsored Ad

  • Recent Comments

  • Most Commented

    The most commented articles on BlackBerryOS over the past 24 hours.
  • Recent Forum Posts

    Frosh

    List Of Working PlayBook BAR Files

    Yet I still have a problem. The es file still force its self stop......please how can I fixed that......And we're can I download. Opera mini for my playbook

    Frosh 02-07-2016, 12:43 PM Go to last post
    Markup

    Greetings from here in the UK.

    Hello Blackberry fans

    Greetings from Birmingham, here in the UK. I registered as a member a few months ago but have never posted online before,

    Markup 02-07-2016, 08:18 AM Go to last post
    Frosh

    Hi

    Please I install the amazon app on my playbook and yet it force its self stop and please what should I do and were can I download Opera Mini for my playbook.

    Frosh 02-07-2016, 01:54 AM Go to last post
    lawry

    lawry

    9320 shows white screen it loads and displyas error 102. cant be detected by bdm. Please help

    lawry 02-05-2016, 05:43 AM Go to last post
    Vas

    iTavi - Three backgammon like games

    Dear all,

    I am pleased to inform you that version 4.1 is ready for download.
    In this version we added 7 more games:
    - Gul bara

    Vas 02-05-2016, 04:53 AM Go to last post
  • BlackBerryOS.com Weekly Poll

    Will you be purchasing the Android powered BlackBerry Priv? (Votes: 233)

    1. Yes (Votes: 139)

    2. No (Votes: 53)

    3. Undecided (Votes: 41)