Vodafone rumored to be mulling RIM buy

Shares of Research In Motion stock are popping for the second day in a row on rumors that the company may be looking for a buyer.�RIM’s stock was up as much as 14% on Wednesday morning as mysteriously sourced rumors suggested U.K. carrier Vodafone is considering an acquisition.�Investors see RIM quickly running out of cash ? the vendor burned through more than half of its $2.9 billion in cash during the second fiscal quarter alone ? and analysts still aren’t convinced management can right the ship. Some still see promise in RIM’s upcoming QNX lineup however, and the company could certainly hold tremendous value for a potential buyer. Market rumors last week suggested that RIM was pulling the plug on

Source: http://www.bgr.com/2011/10/05/vodafone-rumored-to-be-mulling-rim-buy/

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