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VodkaPundit

You Can’t Go Home Again

October 12th, 2013 - 10:09 am

This is kind of sad:

BlackBerry Ltd. co-founder Mike Lazaridis has hired bankers to explore a joint bid for the smartphone maker that forced him out as co-chief executive.

Mr. Lazaridis is working with fellow co-founder Doug Fregin and the duo disclosed Thursday an 8% stake in the Canadian company, which has struggled with weak sales and put itself up for sale.

The co-founders are exploring “the possibility of submitting a potential joint bid to acquire” all of the BlackBerry shares they do not already own, according to a filing with the Securities and Exchange Commission released Thursday.

Let it go.

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All Comments   (2)
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Reminds me of Apple and Steve Jobs, taking back the company that kicked him out.

If he thinks he can turn it around, good on him!
1 year ago
1 year ago Link To Comment
This is proper. The actual value will be reflected in the sale, the way Newsweek sold for $1. This is how capitalism is supposed to work.
1 year ago
1 year ago Link To Comment
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