Reuters: ‘Plunge in RIM’s Shares Could Attract Takeover Bid’

Reuters:

“RIM is a massive strategic fit” for Microsoft, said Canaccord Adams analyst Peter Misek. “I’m fairly certain they have a standing offer to buy them at $50 (a share).”

Whereby “massive strategic fit”, he means “would signal a complete abandonment of their decade-long Windows Mobile strategy”.

★ Friday, 10 October 2008