“Jaguar Financial, an investment banking shareholder in the technology giant, urges a major strategic shake up, including a possible sale of the BlackBerry maker,” The Toronto Sun reports. “The bank, which invests in poorly performing companies and pushes for change, said RIM needs to appoint a special committee to examine all possible options following the collapse in the company’s share price.”
The Toronto Sun reports, “‘The status quo is not acceptable. The company cannot sit still. It is time for transformational change,’ Jaguar chairman and chief executive Vic Alboini said in a statement. ‘The Directors need to seize the reins to maximize shareholder value before more market value is lost.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Kewo” for the heads up.]