WATERLOO, Ontario (
Research in Motion
is in discussions with a financial adviser to help the troubled handset maker weigh its strategic options, according to a
Citing three people with knowledge of the matter,
reports that Research in Motion is considering hiring one Canadian bank and one global bank.
RIM declined to comment on this story when contacted by
, although CEO Thorsten Heins would not rule out a potential sale during the BlackBerry maker's recent
The embattled Canadian firm reported weaker-than-expected fourth-quarter numbers with Heins acknowledging that RIM needs "substantial change."
Rocked by delayed product launches, and fierce competition from
(AAPL - Get Report)
(GOOG - Get Report)
Android phones, and, increasingly,
(MSFT - Get Report)
Windows phones, investors have fled RIM in droves.
RIM's shares, which have plunged almost 75% over the last 12 months, closed up 4.11% at $13.42 on Monday.
Written by James Rogers in New York.
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