Rumor Mill: Palm will be sold by Thursday

By handheld

Reports of an imminent acquisition of Palm are circulating once again as Unstrung.com continues to churn the rumor mill: Private equity firms Texas Pacific Group and Silver Lake Partners are potential buyers of the Treo maker, according to the report. Nokia and Motorola are also bidding for Palm, which positions either company squarely against RIM in the U.S. for the enterprise market. Palm is set to report its quarterly earnings on March 22, which the report claims is the same day Morgan Stanley wants to close the deal.

An Individual Armed with Information
Controls the Course of Negotiation
Have all your files with you in the form of a
cell phone you probably already carry – 24/7!
http://www.robertlett.com

Leave a Reply

You must be logged in to post a comment.