RIM considering hiring bankers: report

Mon Apr 16, 2012 5:37pm EDT
 

TORONTO (Reuters) - Research In Motion is considering hiring a financial adviser to weigh its strategic options, Bloomberg News said on Monday, citing three sources with knowledge of the matter.

RIM said while reporting its latest quarterly results in late March that it was considering options including partnerships, licensing deals, joint ventures or even a sale.

RIM spokeswoman Tenille Kennedy declined to comment, citing company policy.

(Reporting by Alastair Sharp in Toronto; Editing by Gary Hill)

 
Research In Motion (RIM) Co-Chief Executive Officer Jim Balsillie arrives at the annual general meeting of shareholders in Waterloo July 12, 2011. REUTERS/ Mike Cassese