Tag Archives: jim balsillie

RIM Still Hunting for Nortel

By Mark Evans | Published: July 27, 2009
According to the Toronto Star, Research in Motion is interested in acquiring “certain Nortel assets” even though Ericsson has won the auction for Nortel’s CDMA business and LTE R&D unit with a $1.13-billion bid. RIM believes it can still get a food in the MA& door in wake of the Canadian government’s suggestions it could [...]
Posted in Financials, Wireless | Also tagged , , , | 35 Comments

Wireless Auction to Proceed – Without RIM

By Mark Evans | Published: July 22, 2009
The auction process for Nortel’s wireless action will happen on Friday with Research in Motion sitting on the sidelines – at least for now. The two approved bidders are Nokia Siemens, which has submitted a $650-million offer, and Matlin Patterson, which is offering $725-million. In a statement, Nortel said RIM was blocked from making a [...]
Posted in General | Also tagged , , , , | 29 Comments

The Strange Dance Between Nortel and RIM

By Mark Evans | Published: July 22, 2009
Just when you thought things couldn’t get more strange at Nortel, it does. It’s hard to understand what to make of Research in Motion’s interest in Nortel’s CDMA and LTE assets. RIM thinks it could pay about $1.1-billion, significantly higher than the bids from Nokia Siemens and MatlinPatterson. However, Nortel and its legal advisors will [...]
Posted in M&A | Also tagged , , , | 60 Comments
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