RIM Hires Bankers to Explore Options

Research In Motion today provided a little bit of guidance ahead of its second quarter close and results. In a press release sent to investors, RIM CEO Thorsten Heins explained that the company has hired banking firms to explore its options moving forward. In a statement, the company said, "To further enhance our commitment to successfully completing our transformation, we engaged J.P. Morgan Securities LLC and RBC Capital Markets to assist the Company and our Board of Directors in reviewing RIM’s business and financial performance. These advisors have been tasked to help us with the strategic review ... and to evaluate the relative merits and feasibility of various financial strategies, inc... »read more

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