Word on the street is that Amazon was interested in buying Research in Motion last summer and even hired an investment bank to review a potential merger, but, never got to the point of making a formal offer because RIM’s management did not want to sell or break up the company.
(Reuters) – Research In Motion Ltd has turned down takeover overtures from Amazon.com Inc and other potential buyers because the BlackBerry maker prefers to fix its problems on its own, according to people with knowledge of the situation.
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