BlackBerry Founders May Try To Take Over the Company

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October 11th, 2013, 17:06 Posted By: wraggster

"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.

http://mobile.slashdot.org/story/13/...er-the-company

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