Markets on watch for Palm sale |
Times Online - Mar 21, 2007 |
Palm could be sold for $2 billion (£1.02 billion) as early as this week, with Nokia, Motorola and two private equity players thought to be in the running to acquire the technology group.
Industry sources have suggested that the Palm board would prefer a private equity bid, with Texas Pacific Group and Silver Lake Partners cited as possible buyers. It is understood that Palm, best known for its Treo Smartphone devices, hired Morgan Stanley, the bank, to explore a sale earlier this month.
Read Full Article from Times Online
- Posted: 2007-03-21 11:07:14
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