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RIM Bosses Lose Billionaire Status

Jim Balsillie

First Posted: 06/24/11 08:06 AM ET Updated: 08/24/11 06:12 AM ET

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Financial Post:

Shareholders of Research In Motion Ltd. have taken a beating over the past few months, though none worse than the BlackBerry maker's two chief executives, who also happen to be the company's largest individual shareholders. RIM co-chief executives Mike Lazaridis and Jim Balsillie collectively own more than 10% of the Waterloo, Ont.-based BlackBerry maker. Together, their combined stake is still valued at well over US$1-billion, even after RIM shares fell more than 25% following another disappointing quarterly earnings release from the company.

Read the whole story: Financial Post

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Shareholders of Research In Motion Ltd. have taken a beating over the past few months, though none worse than the BlackBerry maker's two chief executives, who also happen to be the company's largest i...
Shareholders of Research In Motion Ltd. have taken a beating over the past few months, though none worse than the BlackBerry maker's two chief executives, who also happen to be the company's largest i...
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