Palm is Up For Sale Bloomberg

Palm is Up For Sale Bloomberg

By | Apr 12, 2010

Bloomberg just reported that Palm has put itself up for sale and that offers will potentially come in this week. That’s quite wild news, considering CEO Jon Rubinstein was adamant just a few days ago that Palm had a plan to get profitable — even while his company’s stock price went on a buyout-rumor fueled rollercoaster. Bloomberg says that Palm’s already retained Goldman Sachs and Qatalyst Partners to find a buyer, with HTC and Lenovo both expressing interest — and Dell‘s apparently already taken a pass. Obviously none of these parties are saying anything on the record — we just pinged Palm and they declined comment — but if this is true, things are about to get wild, and fast. We’ll keep you updated with every little news of it, stay linked.

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