Palm takeover rumors

Mar 22 2007 - 12:55 AM ET | Motorola, Palm

Rumors of a Palm takeover have gained ground, though insiders don't believe that a deal is yet imminent. Acquisition rumors aren't exactly a new thing for the company, but the volume has picked up in recent weeks. The list of possible suitors includes Motorola, though after that firm's recent poor performance announcement it's unlikely shareholders would approve of such a big buy. Palm's [PALM] market cap is currently $2 billion.