Research in Motion has announced that the $1.50 per share take over bid for Certicom that we mentioned the other day is no underway.
Waterloo, ON – Research In Motion Limited (“RIM”) (Nasdaq: RIMM; TSX: RIM) announced today that a wholly-owned subsidiary of RIM has formally commenced its take-over bid (the “Offer”) for all of the outstanding common shares of Certicom Corp. (TSX: CIC) for CAD $1.50 in cash per share, subject to certain terms and conditions. The Offer will be open for acceptance until 5:00 p.m. (Toronto time) on January 15, 2009 unless withdrawn or extended by RIM’s subsidiary.
You can read the full press release here…
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