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Research In Motion (RIMM) +7.2% AH after Reuters reports the company turned down takeover...

Dec. 20, 2011 6:11 PM ETBlackBerry Limited (BB) Stock, BB:CA StockAMZN, BBBy: Carl Surran, SA News Editor5 Comments
Research In Motion (RIMM) +7.2% AH after Reuters reports the company turned down takeover overtures from Amazon (NASDAQ:AMZN) and other potential buyers because it prefers to fix its problems on its own. Amazon reportedly hired an investment bank this summer to review a potential merger with RIM, but it didn't make a formal offer.

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