Quote:The board of Research In Motion (RIM), the Canadian company behind BlackBerry, was under renewed pressure this evening to oust the company's co-chief executives and prepare the group for a sale, merger or breakup.
Quote:Jaguar, which describes itself as a merchant bank, says its support among investors has passed the 5% threshold needed to call a shareholders' meeting, at which it could force board change.
Before then, Alboini [Jaguar's chairman and chief executive] plans to speak to directors to negotiate a new strategy.
SourceHe believes RIM could be broken up into a network company, a handset maker and a patent company. He said the group could also attract private equity buyers, and larger technology and hardware firms in the mobile business, such as Apple, Microsoft, and software company Oracle.
RIM shares were trading at nearly $70 in February, but are now worth just under $25, meaning the company has lost nearly two thirds of its value in eight months.