Rumor: Microsoft in Talks to Buy RIM

Posted on October 10, 2008

A recent Reuters report is pointing out that RIM (like practically every other company right about now) is ripe for the picking, and any outfit with a serious load of cash reserves could get themselves quite a bargain. Given that the Redmond mega-corp has shown interest before (and clearly has plenty of Greenbacks), we were particularly interested in Canaccord Adams analyst Peter Misek’s quote: “I’m fairly certain [Microsoft] has a standing offer to buy [RIM] at $50 a share.”

RIM’s stock is half of what it was 4-5 months ago.. Anything can happen!

Source: Engadget Mobile