A Palm Inc. buyout could be finalized by Thursday this week, demanding $20 or more per share, according to sources close to the situation. Nokia Corp. (NYSE: NOK – message board) is seen as the leading vendor bidder; while Palm’s management is said to prefer a private equity buyer.
Not me. I’m out. I formally declare myself out of the Palm acquisition queue.
I never liked’em — I mean, I never reeeeeeelly got on very well with Palm devices. I always prefered Windows or Blackberry — or, now, Nokia. Still, there’s life in the old dog yet, right?