• Research in Motion to be scooped up by Microsoft?

    Matt Burns

    Matt is a Senior Editor at TechCrunch. Matt Burns is a family man first and attempts to be a writer second. Born and raised in the heart of the automotive world, only cars eclipse his love of gadgets. He previously wrote for Engadget and EngadgetHD before moving into the party house that is TechCrunch. He learned the retail side of... → Learn More

    Friday, October 10th, 2008

    Pigs flying over Montana? John Biggs turning down a free watch? These are all events that might just happen before the zombie apocalypse, with the RIM event a tad more likely than the other two. Bears are tearing up tech stocks and with RIM down 45% over the last four months to $67 a share, some analysts are predicting a Microsoft takeover. One guru is even stating that he is “fairly certain” that there is standing offer for RIM at $50 a share if the stock drops to $40. That way, the company is getting a $10 premium over market value and with the stock hovering around $67 a share, this might be sooner than expected. Still, there would be tons of lawyer battles and court hearings along with years of integration before we would see anything from the acquisition.

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