Last week shares in Research in Motion (RIMM) were up over 4% on rumors that the company hired Goldman Sachs to “explore strategic options”, a.k.a., figure out how to get someone to buy the company.
Today RIM’s stock is up over 7% (at the time of this posting) on rumors that RIM is indeed pushing for a sale to Samsung.
We have heard that Jim Balsillie is actively meeting with almost every company that might be interested in either a part or all of RIM, in addition to having talks about licensing. “Jim is going hard after Samsung,” said a source with knowledge of the negotiations. One of the reasons no deal has been struck, however, is that RIM’s co-CEOs are asking for way too much.
Whether the Samsung rumor pans out to be true or not remains to be seen. I think, however, RIM being bought for pieces and parts, or, in its entirety is one of a very few ways that the company has at making it through 2012…