Friday, October 10, 2008
MS may have "standing offer" to buy RIM
The recent plunge in Research in Motion's shares may help trigger a takeover by Microsoft, Canaccord Adams analyst Peter Misek says. The financial expert believes that Microsoft has a "standing offer" to buy out the BlackBerry maker at a value of $50 per share and may do so if RIM's recent share decline leaves it significantly below that mark. The company is said by researchers to be independent... Read more
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