RIM running out of options


TORONTO/NEW YORK: BlackBerry maker Research In Motion Ltd (RIM) may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers.

The bankers — including leading M&A specialists from Royal Bank of Canada and J.P. Morgan — will explore options as drastic as an outright sale, one of the alternatives that RIM seems determined to avoid.

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