New submitter Adamsobert sends this excerpt from the NY Times: “In a regulatory filing on Thursday, Mike Lazaridis and Douglas Fregin said that they were considering a bid for the 92 percent of the company that they do not own. … Their potential bid joins a growing list of expressions of interest in the company, which recently reported a $1 billion quarterly loss caused by the market’s rejection of new smartphones that were supposed to revive BlackBerry’s prominence. Fairfax Financial Holdings of Toronto has made a conditional, nonbinding offer to buy the 90 percent of BlackBerry shares it does not own for $9 each. That would value the company at about $4.7 billion.”… New submitter Adamsobert sends this excerpt from the NY Times: “In a regulatory filing on Thursday, Mike Lazaridis and Douglas Fregin said that they were considering a bid for the 92 percent of the company that they do not own. … Their potential bid joins a growing list of expressions of interest in the company, which recently reported a $1 billion quarterly loss caused by the market’s rejection of new smartphones that were supposed to revive BlackBerry’s prominence. Fairfax Financial Holdings of Toronto has made a conditional, nonbinding offer to buy the 90 percent of BlackBerry shares it does not own for $9 each. That would value the company at about $4.7 billion.”
Read more of this story at Slashdot.
Read more http://rss.slashdot.org/~r/Slashdot/slashdot/~3/ynr1VNkHGVY/story01.htm