BlackBerry could be bought by LG, Google, Cisco, Intel or Samsung, which are reportedly in talks with the troubled smartphone maker, according to reports in The Telegraph and Reuters.
BlackBerry reported a quarterly loss of $965m last month before signing a letter of intent to go private. It announced in August that it was putting itself up for sale.
BlackBerry has already reached an agreement to be bought for $4.7bn by a group led by Fairfax International, the private equity firm headed by former BlackBerry board-member Prem Watsa.
It is believed that the company is opening itself up to further acquisition discussions in the hope of upping that price.
A BlackBerry spokesman told Reuters: “The special committee, with the assistance of BlackBerry’s independent financial and legal advisors, is conducting a robust and thorough review of strategic alternatives.”
- Follow us @LondonlovesBiz
- Try our free newsletter
More news from today:
Alan Sugar investigated by police for “racist” tweet
Financial services firms most optimistic in 17 years
More women in FTSE 100 director roles, but still six all-male boards





Leave a Comment