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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)
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!
48 weeks ago
48 weeks 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.
48 weeks ago
48 weeks ago Link To Comment
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