Posted Monday, April 12, 2010 in
Smartphone maker Palm Inc. is seeking bids for the company as early as this week, according to Bloomberg News.
Palm is working with Goldman Sachs Group Inc. and Frank Quattrone’s Qatalyst Partners to find a buyer.
The company had hoped it's Pre and Pixi smartphones would provide a turnaround, but dissapointing sales have caused Palm shares to fall.
>> Read more at Bloomberg News.