RIM shares rally on report of Lenovo interest
By Euan Rocha
Jan 24, 2013 11:16 AM EST
Regions
Research In Motion CEO Thorsten Heins gestures as he delivers his keynote address during the Blackberry Jam Americas in San Jose, California September 25, 2012. (Photo : Reuters)
Shares of Research In Motion Ltd jumped more than 3 percent on Thursday after a report that China's Lenovo Group said a bid for the BlackBerry maker was among the options available to boost its mobile business.
The Bloomberg report sent RIM shares up more than 50 cents to $17.89 in morning trading on the Nasdaq, while its Toronto-listed shares rose 60 Canadian cents to C$17.90.
RIM shares surged to a 13-month high earlier this week after its chief executive, Thorsten Heins, said the company may consider strategic alliances with other companies after next week's launch of devices powered by RIM's new BlackBerry 10 operating system.
RIM announced a far-reaching strategic review last May in which it was widely expected to examine all options, from software licensing deals to an outright sale of the company.
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