Wednesday, March 21, 2007
Palm, Inc. To Be Purchased This Week?
Posted by Ed Hansberry in "NEWS" @ 05:00 AM
http://www.informationweek.com/news/showArticle.jhtml?articleID=198100102
"Palm Inc. could be sold for at least $20 per share this week and at least four bidders are interested, including private equity firm Texas Pacific Group, according to unnamed sources cited by technology news Web site Unstrung.com."
Other buyers include Nokia and Motorola. Rumors of Palm's buyout have been circulating for years. They heated up again a few months ago, sending the stock up nearly 40% since December when the rest of the market has been sliding sideways. Do you think this is the real deal, or just another false alarm?
"Palm Inc. could be sold for at least $20 per share this week and at least four bidders are interested, including private equity firm Texas Pacific Group, according to unnamed sources cited by technology news Web site Unstrung.com."
Other buyers include Nokia and Motorola. Rumors of Palm's buyout have been circulating for years. They heated up again a few months ago, sending the stock up nearly 40% since December when the rest of the market has been sliding sideways. Do you think this is the real deal, or just another false alarm?
