Palm Sued... Again...
http://www.suntimes.com/output/business/cst-fin-mot05.html
'Motorola has asked a judge to award it an $8.7 million breakup fee from PalmSource, which Motorola said reneged on a $17.25-per-share buyout agreement last month.
Schaumburg-based Motorola said in a Delaware Chancery Court lawsuit filed Monday that PalmSource directors accepted Motorola's offer on Sept. 7, only to agree two days later to an $18.50-per-share, $324 million, offer from Japan's Access Co. Ltd.
''PalmSource was obligated to pay Motorola the termination fee of $8,697,595 on or before Sept. 16, 2005,'' but failed to do so, Motorola said in court papers.'