In the early hours of April 17 in Beijing, Palm shares rose in Friday as foreign media reported yesterday as an analyst said that if the company were to be acquired, its value could be higher than the market consensus. Mike Abramsky, an analyst at RBC, Maik Abramski, said today that if buyers do want to acquire Palm's webOS operating system, they could offer up to $14 per share. The company's shares have fallen sharply from $14.17 trillion in January as sales of some of Palm's latest handsets have underperformed. "Potential buyers may not be interested in the hardware business and capital structure that palm is facing, but as a rare opportunity to get a modern smartphone operating system, a unique research team and a developer ecosystem," Abramski said. Earlier this week, media reports said Palm had hired a number of investment banks to find buyers. According to Abramski, the most likely company to buy Palm is HP and Sony Ericsson. In addition, Nokia and HTC are also likely to acquire palm. On that day, palm stock rose 0.19 dollars in the Nasdaq conventional trading, at $5.59, or 3.52%. In the past 52 weeks, Palm has the highest price of 18.09 U.S. dollars, the lowest price of 3.65 U.S. dollars. (Tangfeng)
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