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Monday, February 18, 2013 1:25:13 PM
Former RIM CEO Sells Remaining Stake
Jim Balsillie, a former co-chief executive of Research In Motion Ltd. BBRY -6.07% and one of Canada's richest men, has sold all his remaining shares in the company, according to a regulatory filing released Thursday.
Mr. Balsillie stepped down as co-CEO, and then from RIM's board, last year during a wide-ranging executive overhaul at the BlackBerry maker. Since then, he has retreated from the public spotlight. He had owned as much as 5.1% stake as recently as late 2011, but now holds no shares, according to the filing.
http://online.wsj.com/article/SB10001424127887323478004578303921677402986.html?mod=googlenews_wsj
Jim Balsillie, a former co-chief executive of Research In Motion Ltd. BBRY -6.07% and one of Canada's richest men, has sold all his remaining shares in the company, according to a regulatory filing released Thursday.
Mr. Balsillie stepped down as co-CEO, and then from RIM's board, last year during a wide-ranging executive overhaul at the BlackBerry maker. Since then, he has retreated from the public spotlight. He had owned as much as 5.1% stake as recently as late 2011, but now holds no shares, according to the filing.
http://online.wsj.com/article/SB10001424127887323478004578303921677402986.html?mod=googlenews_wsj
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