Showing posts with the label BlackBerry

Report: BlackBerry founder considering bid for company

BlackBerry founder Mike Lazaridis is reportedly considering a bid to take over the struggling smartphone maker. Lazaridis, who stepped down as co-chief executive last year, is talking to private equ…

BlackBerry acquired by Fairfax Financial: enterprise solutions the future

It’s been announced today by BlackBerry Limited that they’ve signed a letter of intent agreement with a consortium led by Fairfax Financial Holdings Limited to be acquired for approximately $4.7 bil…

BlackBerry To Lay Off 4,500 Employees

UPDATED: The 4,500 employees represent 40 percent of BlackBerry‘s total work force. The news today came as the company reported a nearly $1 billion second-quarter loss in an unexpected early relea…

There’s a New Flagship BlackBerry

BlackBerry couldn't have picked a better time -- hours before the iOS 7 update was pushed wide -- to announce the Z30, a 5-inch touchscreen BlackBerry that should be slightly nicer than the Z10…

BlackBerry receives much-needed buyout offer of $4.7B

Despite being the desperate girl on the dance floor, it looks like BlackBerry has found a suitor. Fairfax Financial Holdings Limited sent BlackBerry a letter of intent today, published by Business I…

BlackBerry Receives Takeover Bid Worth $4.7 Billion or $9/Share

BlackBerry has agreed to a "letter of intent" to be acquired by Fairfax Financial, in a potential deal worth $4.7 billion or $9 per share. Fairfax currently owns 10% of BlackBerry shares. …

BlackBerry Signs Letter Of Intent To Go Private For $9 Per Share In Deal Valued At $4.7 Billion

Today BlackBerry announced a $9 per share offer for its outstanding stock, a deal worth around $4.7 billion. The $9 per share price is a slight premium over its current stock price, which traded at …
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