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Bloomberg Reports Palm to Put Itself Up for Sale

Serena Saitto and Ari Levy, reporting for Bloomberg:

Palm Inc. , creator of the Pre smartphone, put itself up for sale and is seeking bids for the company as early as this week, according to three people familiar with the situation. [...]

Taiwan’s HTC Corp. and China’s Lenovo Group Ltd. have looked at the company and may be potential bidders, said the people. Dell Inc. also looked at Palm, though it decided against an offer, according to two of the people.

★ Monday, 12 April 2010