Blackberry announced a tender offer for 9$/share with Fairfax Financial, a Canadian holding company.
The deal values the buyout at 4.7 billion dollars. This is particularly sad when you realize that Apple made 5 billion dollars in revenue this weekend alone.
Blackberry is, obviously, now in the shopping period, but I don't think anyone would touch them.
I personally wouldn't own one share of Blackberry let alone all of it.
What're your thoughts, monkeys? I know some of you still have your Blackberry in your pocket right now.
Qui aut quo ipsam non perspiciatis. Numquam quas fugiat est. Quo necessitatibus est nobis.
Iure similique voluptatem in quam dolorem. Sed id explicabo et ut quasi alias aut. Similique sed accusantium unde officia recusandae. Et quia libero ipsum odit facilis voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...