BlackBerry Abandons Sale Plans, Will Replace CEO
An anonymous reader writes "BlackBerry has abandoned plans to sell the company to Fairfax Holdings after the shareholder could not raise enough money. CEO Thorsten Heins is to leave the company. From the article: 'The company also said that Prem Watsa, chairman and CEO of Fairfax, will be appointed Lead Director and chair of the compensation, nomination and governance committee. Mr. Watsa had resigned from the BlackBerry board earlier this year to explore a bid for the company.'"
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This is an Onion article apparently. I read it as BlackBerry Abandons Sale Plans Will Replace CEO. They're making an ultra smart phone called The Abandons which is smart enough to replace their CEO so it's going to.
It looks like Fairfax wasn't able to come up with a DVD full of dollars ($4,700,372,992) to buy the company, but fortunately Blackberry was able to sell the CEO to an unnamed bidder for one billion.
(By the way, Thorsten? Just thought you should know. It's a cook book. Enjoy your trip.)
Don't forget Apple had to get all the way down there first and Blackberry still has a ways to go down yet. For all the winners there are losers Epson ( and I ain't talking salt), Palm (no oil there now), Wang (gone all limp now), Gateway (to no where), Apricot (just not fruity enough), Commodore (no ship to sail), to name just a very few. Most crash very very few rebound.
Chaos - everything, everywhere, everywhen