RIM's last gasp

The net is closing around the BlackBerry maker and with no buyers for the whole business in sight, the company is running out of options.

BlackBerry maker Research In Motion Ltd may be running out of options as it struggles to turn around its slumping fortunes with the help of a coterie of investment bankers.

The bankers - including leading M&A specialists from Royal Bank of Canada and J.P. Morgan - will explore options as drastic as an outright sale, one of the alternatives that RIM seems determined to avoid.

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