RIM resumes bid to buy Indian-owned company Certicom
by The PocketBerry Team
4 February 2009
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Enough was never enough for RIM. We saw VeriSign and their hefty offer that made RIM back off, or not. In a statement Tuesday, Certicom said it has received an offer of $131 million or $3 a share in cash from RIM – which is double RIM’s earlier hostile bid for takeover.
The Certicom statement said its special committee of independent directors will review the BlackBerry offer, in consultation with its financial and legal advisors because of the company’s legal obligations under its agreement with VeriSign Inc.
