Palm (PALM) Spikes On China Report of a Possible HTC Takeover
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Palm (Nasdaq: PALM) is on the move this morning on rumors HTC is interested in the company. Shares are up 11% after rising earlier in the week on other takeover rumors.
Here is a translated version of the report from Edgadet:
In short, Palm's share price rose this week, three caused a lot of guessing. Mentioned just before rumors of association is interested in buying Palm . Now see the Economic Daily News that also Palm, HTC interest, and also said there would be further action.
Economic Times also noted: "HTC has started assessment of work, from the legal, financial, brand marketing and research and development at all levels to assess the feasibility of the acquisition strategy for Palm. HTC CEO Peter Chou travel abroad frequently over the past three weeks, Some people describe as "only five days a month in Taiwan", the rest are flying everywhere. Reportedly, Chou may CTIA communication development in the United States during the high-level meeting with the Palm. "
made by Economic Times, bought the Palm if HTC smooth, then in the United States is expected to exceed Motorola smart phones to become the third.
Of course, this kind of thing HTC and Palm are denied natural friends, friends who are interested can click to see the Economic Daily quoted sources of more detailed explanation.
Here is a translated version of the report from Edgadet:
In short, Palm's share price rose this week, three caused a lot of guessing. Mentioned just before rumors of association is interested in buying Palm . Now see the Economic Daily News that also Palm, HTC interest, and also said there would be further action.
Economic Times also noted: "HTC has started assessment of work, from the legal, financial, brand marketing and research and development at all levels to assess the feasibility of the acquisition strategy for Palm. HTC CEO Peter Chou travel abroad frequently over the past three weeks, Some people describe as "only five days a month in Taiwan", the rest are flying everywhere. Reportedly, Chou may CTIA communication development in the United States during the high-level meeting with the Palm. "
made by Economic Times, bought the Palm if HTC smooth, then in the United States is expected to exceed Motorola smart phones to become the third.
Of course, this kind of thing HTC and Palm are denied natural friends, friends who are interested can click to see the Economic Daily quoted sources of more detailed explanation.
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