BlackBerry Founders May Try To Take Over the Company

Posted by Soulskill on Friday October 11, 2013 @12:52AM from the they-want-to-add-a-second-physical-keyboard dept.

New submitter Adamsobert sends this excerpt from the NY Times: "In a regulatory filing on Thursday, Mike Lazaridis and Douglas Fregin said that they were considering a bid for the 92 percent of the company that they do not own. ... Their potential bid joins a growing list of expressions of interest in the company, which recently reported a $1 billion quarterly loss caused by the market's rejection of new smartphones that were supposed to revive BlackBerry's prominence. Fairfax Financial Holdings of Toronto has made a conditional, nonbinding offer to buy the 90 percent of BlackBerry shares it does not own for $9 each. That would value the company at about $4.7 billion."

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Re:Yea what a great idea by binarylarry · 2013-10-11 02:02 · Score: 3, Informative

He also basically failed at that, NeXT was in trouble when Apple acquired them (as was Apple).
It's funny how two failing companies combined and turned into such a hugely successful one.

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