Law360, New York (November 11, 2009) -- Facing a drop in share value, stiff competition in the smartphone market and open speculation that it might become a takeover target, BlackBerry maker Research In Motion Ltd. has announced it will buy back more than $1 billion worth of its shares.
The Waterloo, Ontario-based company announced the repurchase program on Nov. 5 and said it would buy back approximately 21 million shares at a value of up to $1.2 billion....
