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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.

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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

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