Is RIM looking to hire a financial adviser?

04/16/2012 | Bloomberg

Struggling BlackBerry-maker Research In Motion is holding talks on whether to hire a bank to help it make a new strategic investment, according to sources who spoke with Bloomberg News. RIM, which has $1.77 billion in cash and short-term investments, may look to license its operating system as it faces a shrinking presence in the North American market. RIM did not comment on the report.

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