Thursday, October 10, 2013

BlackBerry 'More Open' To Sell Itself Off In Pieces

BlackBerry 'More Open' To Sell Itself Off In Pieces

There has been a lot of speculation about BlackBerry's future over the past few months. The company is officially up for sale though interest has been thin. Recently it signed a letter of intent with Fairfax Financial Holdings, which offered $9 per share to take BlackBerry private, pending due diligence. Analysts believe that Fairfax might lower the bid once its sees that there are no other offers on the table, whereas BlackBerry is said to have reached out to companies like Google, Samsung and Intel to seek bids.

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