RumorMill™: HP May Acquire RIM

On Friday, RIM’s shares went from $24.08 to $27.28, a 13% increase. More than 14 million RIM shares traded, while 1.5 million is the average. This was caused by a rumor on Wallstreet that the company was going to be bought out or undergo a hostile takeover, with HP’s name at the top of the list of companies doing the buying, according to Reuters. [Brighthand]

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