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Wireless

RIM hires advisers to seek licensing deal - report

Wednesday 18 April 2012 | 09:36 CET | News
Research In Motion is in talks to hire a financial adviser to help it weigh strategic options, four people with knowledge of the matter told Bloomberg. A decision to work with at least one bank could come in the next few days, said one of the people. RIM would prefer an agreement to license its mobile software, and its next choice is a strategic investment, one source said, adding that RIM doesn't plan to sell itself. RIM said last month that it's weighing strategic changes after reporting another sharp fall in quarterly results. The company declined to comment on the Bloomberg report. CEO

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Categories: Mobile & Wireless
Companies: Microsoft / Research In Motion / Samsung
Countries: World
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