BlackBerry Maker Research in Motion (RIM) unhappy with Certicom

Research in Motion (RIM) the guys behind the various infamous BlackBerry devices have said they were advised today that Certicom Corp (OTC:CERTF) attends to apply for an injunction at the Ontario Superior Court of Justice and apply for a cease trade order at the Ontario Securities Commission.

This action will stop RIM from acquiring Certicom shares under RIM’s offer at CND$1.50 per share that was dated December 10, 2008.

Research in Motion are said to be disappointed that Certicom directors continue to try and keep the decision as to whether to accept RIM’s offer out of Certicom shareholders’ hands.

Source: money.cnn

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