BlackBerry To Possibly Go Private

Tags: , , , , .

Posted 4 years ago

blackberry-logo2Blackberry is open to the idea of going private, according to a report by Reuters. Facing a bleak future, Blackberry is exploring all options to help bolster their position, which, over time, has slid towards the inevitable conclusion they seek to avoid. Accoring to the report, “The company’s shares have fallen more than 19 percent this year. Its market value has fallen to $4.8 billion, from $84 billion at its peak in 2008.” “There is a change of tone on the board,” one of the sources said on Thursday. Read more.

Charles Herrion

Leave a Reply