BlackBerry co-founders mull bid to takeover beleaguered company

“BlackBerry co-founder and former co-CEO Mike Lazaridis is considering taking a run at his former company with fellow co-founder Doug Fregin,” John Paczkowski reports for AllThingsD.

“According to a regulatory filing released Thursday, the pair are exploring a potential takeover bid for the struggling smartphone company, which is already entertaining a $4.7 billion offer from its largest shareholder Fairfax Financial,” Paczkowski reports. “Together, Lazaridis and Fregin hold an eight percent stake in the Canadian company — about 41.7 million shares — and are exploring “the possibility of submitting a potential joint bid to acquire” all of the BlackBerry shares they do not already own.”

Read more in the full article here.

MacDailyNews Take: An NHL team (in Timbuktu) would be a better investment. Call up Jimmy, he’ll jump at the chance.

Related articles:
Apple recruits employees from beleaguered BlackBerry – October 10, 2013
DCW Blackberry begins axing 4,500 employees – October 9, 2013
Beleaguered BlackBerry hit with shareholder class action lawsuit for misrepresenting state of company – October 5, 2013
Beleaguered Blackberry reports $965 million second quarter loss – September 27, 2013
T-Mobile USA stops stocking beleaguered BlackBerry’s phones – September 26, 2013
Amateur hour is over: Beleaguered BlackBerry sold to Fairfax Financial-led consortium – September 23, 2013
Beleaguered BlackBerry’s CEO calls Apple’s iPhone old news – March 18, 2013


  1. “I drove this company into the ground. Left it a ‘has-been’, way behind the market leader. And now, I might buy it.”
    Uhhhh. Whut!? Didn’t learn about that approach in business school.

    1. I hope they buy it back, perhaps then they can tell us how easy it is to walk In Steve Jobs shoes after he came back to Apple inc.

      Ps nothing wrong with TIMbuktu, I am still waiting for the iPhone 5S to turn up though!!!

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