1. JayR2010's Avatar
    always wonderd who own rim!

    so who owns it? picture this scenario....
    RIM gets sold on the contact who's name will the money go to from the selling of RIM?
    08-09-12 05:27 PM
  2. pkcable's Avatar
    RIM is a publically held company, it's owned by the shareholders, there is no one person.
    08-09-12 05:29 PM
  3. JayR2010's Avatar
    so the money will be split between the holders?
    08-09-12 05:31 PM
  4. sam_b77's Avatar
    so the money will be split between the holders?
    Read millions of holders.
    08-09-12 05:33 PM
  5. simu31's Avatar
    RIM has also actually bought back a number of its own shares over the years.

    I'm not entirely sure how it'd work, but they should (strangely) also get some of the money

    Si.
    08-09-12 06:03 PM
  6. njblackberry's Avatar
    That stock is already accounted for as Treasury Stock (as they could decided to sell some off). RIM doesn't "get" any of the money. It ALL goes to the shareholders. When RIM bought back the stock, the had to pay money for it.

    There is some basic understanding missing here. When a company (or individual) buys another company they make a Tender Offer (Tender Offer) directly to the shareholders. They want to buy their shares so they can have a majority position (or more), and replace/remove the current Board. There are very strict rules on Tender Offers. If the offer is accepted (the company under attack immediately states that the offer is insulting and very underpriced) then the sellers get cash (or stock in the acquiring company) and the buyers get the stock in the company they are trying to acquire (RIM). One the acquiring company has the majority of the shares (50.1%) then it is game over.

    The acquired company doesn't get any money. The executives (who may own a lot of stock) will get money.

    It also could end up in a Proxy fight (Proxy fight - Wikipedia, the free encyclopedia) which would likely occur if the large shareholders (Fairfax, the prior co-CEOs) decide to fight.
    08-09-12 06:13 PM
  7. RoseBud68's Avatar
    Once owned by these guys....

    08-09-12 06:20 PM
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