Report: BlackBerry Thinking About Going Private

Advertisement
Report: BlackBerry Thinking About Going Private

Hey, if it’s good enough for Dell:

BlackBerry Ltd (BBRY.O) (BB.TO) is warming up to the possibility of going private, as the smartphone maker battles to revive its fortunes, several sources familiar with the situation said.

Chief Executive Thorsten Heins and the company’s board is increasingly coming around to the idea that taking BlackBerry private would give them breathing room to fix its problems out of the public eye, the sources said.

“There is a change of tone on the board,” one of the sources said on Thursday.

Advertisement

The is there anyone willing to pony up a few billion dollars for a failing phonemaker?

Comments

VIP

Join the Conversation

VIP members get the ability to comment on articles.

Recommended

Trending on PJ Media Videos