(Reuters) - Neither Palm nor Elevation immediately returned calls seeking comment.
Palm will pay $940 million in cash, or about $9 a share, to existing shareholders whose ownership of the company will drop to 75 percent under the deal's terms, the Journal reported, adding that the deal needs shareholder approval.
Read more at Reuters.com Business News
Palm will pay $940 million in cash, or about $9 a share, to existing shareholders whose ownership of the company will drop to 75 percent under the deal's terms, the Journal reported, adding that the deal needs shareholder approval.
Read more at Reuters.com Business News
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