Reuters: A RIM Buyout? A "Perfect Fit" for Microsoft at $50

October 9, 2008 at 2:01 pm PT

A longish article from Reuters today speculates on whether Research in Motion (RIMM) could be bought out, now that its share price has received a 50 percent haircut in the last month, to $59.03, and its market capitalization has fizzled to a mere $33.4 billion. Noting Microsoft’s (MSFT) struggles against Google (GOOG) on one front in the cellphone wars and Apple (AAPL) on the other, Reuters quotes Canaccord Adams analyst Peter Misek–who yesterday raised his rating on the stock to “Buy” from “Hold”–as saying “RIM is a massive strategic fit” for Microsoft, adding, “I’m fairly certain they have a standing offer to buy them at $50 (a share).”

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Tagged with: Apple, Barrons, Canaccord Adams, cell phone wars, cell phones, frontpage, Google, market cap, Microsoft, Peter Misek, Research In Motion, Reuters, Tech Trader Daily, Tiernan Ray

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Alan Lemond

This would be horrible for us Blackberry fans. People need to understand that there is a legion of users that have tried Windows Mobile based devices like Palm and HTC and come back to Blackberry for its simplicity and ability to get the job done, abundance of apps and the NO CRASHING. Windows Mobile IS the pig with lipstick. I would hate for this to happen. It might make me go iPhone all over them!

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