treocentral.com >> Stories >> Business
Takeover Rumors Running Rampant

Fri Apr 9, 2010 - 12:50 PM EDT - By Annie Latham




First it was Lenovo, now its HTC.

The latest rumors mention those two companies as potential suitors for Palm. According to Reuters, Palm's stock soared earlier this week as investors covered short positions on renewed speculation that the smartphone maker might be an acquisition target.



Palm started the week under $4. By mid-day on Friday, the price has been bouncing around $5.20.


###


Copyright 1999-2016 TreoCentral. All rights reserved : Terms of Use : Privacy Policy

TREO and TreoCentral are trademarks or registered trademarks of palm, Inc. in the United States and other countries;
the TreoCentral mark and domain name are used under license from palm, Inc.
The views expressed on this website are solely those of the proprietor, or
contributors to the site, and do not necessarily reflect the views of palm, Inc.
Read Merciful by Casey Adolfsson