Research in Motion to be scooped up by Microsoft?
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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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