It seems like at least once or twice a year, for the passed several years, we hear rumors about how Microsoft may be looking to buy Research in Motion. This year is a little different because RIM’s stock price spiraling downward.
Canacoccord Adams analyst, Peter Misek, says that he is “fairly certain that Microsoft has a standing offer to buy RIM at $50 a share”. The stock is currently at $59.03 and if it drops another 30%, which in normal times would sound like a pretty big stretch, Microsoft would have more than enough cash to attempt a takeover play.
We certainly aren’t in normal times, so, if Microsoft seriously wants to make a play for RIM, the BlackBerry may be ripe for the picking… Pun intended.
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It would be a fabulous move for Microsoft, but I cannot see RIM allowing such a takeover.
I think it would be an ugly fight, kind of like when MS tried to take over Yahoo…
Please, no!
My Blackberry works great as is. MSFT would RUIN it.
Not happening. MS has their stock repurchase program going on, and with the credit crunch going on and availability of cash, it’ll be a hard one to do without stretching themselves thin. A stock swap wouldn’t cut it either.
MS has lost focus and cannot be everything to everyone. They should have concentrated on the desktop and stayed there. Networking computers is what they do best.