Reuters: Regulatory News: Canada gov't wishes RIM well, won't speculate on takeover

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Canada gov't wishes RIM well, won't speculate on takeover May 30th 2012, 20:10 OTTAWA | Wed May 30, 2012 4:10pm EDT OTTAWA May 30 (Reuters) - Canada's government on Tuesday wished Research in Motion Ltd well with its restructuring efforts but declined to comment on speculation about a possible takeover of the troubled BlackBerry maker. "I wish RIM every success and hope to see them grow and maintain their world leading position. However, I will not comment on speculation," Industry Minister Christian Paradis said in a statement e-mailed to Reuters. Paradis would have to approve any takeover bid from a foreign company. Speaking separately to reporters about RIM, Finance Minister Jim Flaherty said: "They're an important Canadian company and I hope they succeed in their restructuring."

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