Who Will Buy BlackBerry (BBRY)? Here Are Some Potential Suitors...
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BlackBerry (BBRY) May Sell In-Parts Rather than as Whole (CSCO) (AMZN)
August 14, 2013 11:14 AM EDTBlackBerry (Nasdaq: BBRY) is more likely to sell itself in pieces than as a whole, according to Taiwan handset makers.
Digitimes reports that smartphone vendors using Google (Nasdaq: GOOG) Android are less likely to want to... More
BlackBerry (BBRY) Takeout Price Capped at $12-$13; Don't Buy - Nomura
August 14, 2013 7:50 AM EDTNomura Securities analyst Stuart Jeffrey weighed on on a potential takeout of BlackBerry (NASDAQ: BBRY), saying a deal would be capped at $12-$13 per share.
"A quick analysis of what an optimistic buyer might pay for BlackBerry leads us to conclude that a bid of more than $12-13 seems unlikely," according to Jeffrey. "While this offers some upside to the... More
Odds of BlackBerry (BBRY) Takeover Haven't Changed, Says Goldman
August 13, 2013 12:18 PM EDTOn Monday BlackBerry (NASDAQ: BBRY) said it has formed a special committee to explore strategic alternatives. Reports Tuesday said Fairfax Financial and others are looking at the company. Despite this, analysts at Goldman aren't overly optimistic about a deal given BlackBerry's cash flow.
"While press reports have... More
Traders Hint That BlackBerry (BBRY) Isn't Destined for M&A
August 12, 2013 1:53 PM EDTBlackBerry (Nasdaq: BBRY) is up Monday following news from the company that it will be exploring strategic alternatives, which would include possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions.
Barron's points out today that some options... More
Competition Appears Biggest Reason for BlackBerry's (BBRY) Troubles
August 12, 2013 12:17 PM EDTBlackBerry (Nasdaq: BBRY) said it would be looking at strategic alternatives for the company to enhance shareholder value. The following question was posed on Yahoo! Finance today:
... More
Macquarie Skeptical of BlackBerry (BBRY) Deal
August 12, 2013 9:42 AM EDTMacquarie analyst Kevin Smithen weighed in on BlackBerry (NASDAQ: BBRY) following news the company will explore strategic alternatives, including a potential sale. The analyst is skeptical to say the least.
Given high cash burn and large subscriber losses, the analyst is skeptical that financial... More
BlackBerry (BBRY) to Explore Strategic Alternatives
August 12, 2013 7:58 AM EDTBlackBerry (Nasdaq: BBRY) announced that the Company's Board of Directors has formed a Special Committee to explore strategic alternatives to enhance value and increase scale in order to accelerate BlackBerry 10 deployment. These alternatives could include, among others, possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions.
The Special Committee of the Board is comprised of Barbara Stymiest, Thorsten Heins, Richard Lynch and Bert Nordberg, and will be chaired by Timothy Dattels.
With the announcement of the Special Committee, Prem Watsa,... More
