. Struggling smartphone vendor Research In Motion is still a solid takeover target according to a new report, but only at a deep discount below RIM's already low market value. RIM has lost 75% of its value over the past year but Sterne Agee analyst Shaw Wu says RIM's true value lies below its current market capitalization, which sits at approximately $8.7 billion. Logical buyers according to Wu include Samsung - though the company has gone on record instating it is not interested in acquiring RIM - as well as Amazon, Microsoft and maybe even Facebook.
Boy Genius Report, Sterne Agee: RIM still a solid acquisition target, but only at a discount
No comments:
Post a Comment