Deals
RIM Considers Breakup, Sale of Handset Unit, Sunday Times Says
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Research In Motion Ltd. is considering selling its handset-manufacturing unit or a stake in the whole company, the Sunday Times newspaper reported, without saying where it got the information.
The BlackBerry maker, which hired JPMorgan Chase & Co. and RBC Capital Markets to help evaluate its options, may divest the handset division or break it off into a separate listed company, the paper said. Another option would be selling a stake in Waterloo, Ontario-based RIM to a larger technology firm, such as Microsoft Corp., according to the report.