PALM / Posted by: rgnoll Date: Monday, April 12, 2010 1:05:17 AM In reply to: None Post # of 314
News for 'PALM' - (DJ Palm Hires Goldman Sachs, Qatalyst For Possible Sale - Bloomberg)
DOW JONES NEWSWIRES
Palm Inc. (PALM) has tapped Goldman Sachs Group Inc. (GS) and Qatalyst Partners to seek bids for the company as early as this week, Bloomberg News reported on its Web site Sunday, citing three people familiar with the situation.
HTC Corp. (HTCXF), Lenovo Group (LNVGY) and Dell Inc. (DELL) have been rumored to have explored purchasing Palm, reports said, although Dell won't be making an offer, two of the people told Bloomberg.
Palm spokeswoman Lynn Fox declined to comment, while Qatalyst's Sally Palmer and Goldman Sach's Andrea Rachman didn't immediately respond to requests for comment, according to Bloomberg.
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