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Palm calls for outside help, hires Morgan Stanley

by Doug Berger on Mar 7, 2007 at 07:45 PM
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Palm logoWith so much buzz lately about Palm being acquired by this, that, and the other guy, they have gone to financial experts Morgan Standley to weight their options, the Wall Street Journal is reporting.  The Journal’s source has mentioned that Palm’s options include sale to a larger company such as Nokia, or picking up an investment of its own.

ValleyWag thinks that the whole “investigation” by Morgan Stanley is a PR move to make it appear as though they aren’t as desperate to sell as they really are.  “Make no mistake: it is.”

Read [WSJ] Via [ValleyWag]

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