Takeover talk boosts Psion shares

Shares in Psion were boosted in mid-morning trade amid rumours that US rival Palm was weighing up a bid.

Takeover talk boosts Psion shares
Mon, 29 Jan, 2001 - 12:17

Shares in Psion were boosted in mid-morning trade amid rumours that US rival Palm was weighing up a bid.

Palm was rumoured to be launching a takeover approach for Psion in order to gain control of Symbian, the mobile communications operating system joint venture in which Psion is the largest stakeholder.

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