Investor calls on Palm to sell out: "The Treo would be in better hands if Palm's board sold the company to a large IT vendor, major stock holder says.
Mark Nelson, the founder and former CEO of Ovid Technologies, owns 8 percent of Palm's stock, according to a filing with the Securities and Exchange Commission. In a letter to Palm's board of directors, Nelson urged Palm to consider selling its business to a company like Research in Motion, Dell or Hewlett-Packard while its fortunes are still on the rise.
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