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Codebreaker

RIM takeover seems unlikely

John Moe Aug 17, 2011

The New York Times’ Dealbook has a kind of interesting look at the fate of RIM, parent company of BlackBerry. Shares of RIM have shot up 10% since the announcement of the Googorola deal on speculation that RIM could be next. Indeed, Microsoft and RIM have been the couple everyone’s been dying to fix up for years now. Other suitors might include Samsung, HTC, or various cash-rich Chinese companies. But RIM’s co-chief executives (yeah, that’s bound to work out well, where would the Catholic church be without the two popes?) are the largest shareholders and don’t seem to want to sell. Also, any deal would have to be approved by the Canadian government, which is a hard sell.

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