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Will Research in Motion be sold? And what impact would it have?

  • TC2 Blog
  • 6/1/2012
  • David Rohde

Let’s go for the short answer: Yes, BlackBerry-maker Research in Motion will probably be sold … or something. No company issues the kind of continuous drumbeat of news about restructuring, job-cutting, replacing executives, and hiring “advisers” (a.k.a. investment bankers) that RIM keeps putting out there without something happening.

RIM’s 75% fall in stock price over the past year comes with a big temptation for the prospective purchasers who will presumably be talking to RIM advisers J.P. Morgan and the Royal Bank of Canada. RIM’s current market cap of $5.25 billion is barely half its liquidation value and comes with zero debt. Such steals on paper don’t come along every day.

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