Shares of Research in Motion (RIMM) are up 73 cents, or 3%, at $23.96 this morning, in a rather mixed market, after Canadian activist investor Jaguar Financial (JFC.CA) said it has the backing of shareholders representing 8% of the stock, and could take that to 12%, to push for change, according to multiple reports this morning.
Bloomberg’s Sarah Frier and Hugo Miller quote Jaguar’s CEO, Vic Alboini, as saying RIM needs “a transformational leader” and an independent board chairman.
Miller had interviewed Alboini last month, at which time Alboini remarked that RIM’s agreement earlier this year to consider changes suggested by investors Northwest & Ethical Investments LP is “woefully inadequate” to fix what Jaguar thinks ails RIM’s shares.
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