Cable / Telecom News

RIM shareholder calls for “transformational change” at BlackBerry maker

TORONTO - Research In Motion shareholder Jaguar Financial Corporation is calling on the BlackBerry maker to explore options that could include breaking up or selling off parts of the company.Jaguar said Tuesday that a value maximization process should include “the pursuit of all options”, including a potential sale or a monetization of the RIM patent portfolio by a spin-out to RIM shareholders. It also suggested that RIM's directors appoint a special committee of the Board made up of four or five of the current seven independent directors to spearhead the process.Jaguar chairman and CEO Vic Alboini cited poor share price...