BlackBerry Considers A Split-up In Search For A Buyer

By 08:08 Sat, 17 Jul 2021 Comments


Bloomberg reports that BlackBerry could be forced to consider splitting itself up in order as its potential buyer might not be able to find the funding to afford the buyout.


As we reported earlier Fairfax Financial Holdings has offered BlackBerry the cool $4.7 billion. However, BlackBerry might even acquire a lot more than this if the company gets divided in several pieces.

SAP AG, Cisco Systems and Samsung Electronics have all been approached by BlackBerry advisers, but have responded that they are only interested in parts of the company. Breaking up would mean that the company will be able to sell its patents and enterprise network (its most valuable assets) to the highest bidder.

"If you break up the company, you're going to acquire more than the company is worth correct now," Sachin Shah, a strategist in special situations and merger arbitrage at Albert Fried & Co, trecent Bloomberg.

We'll continue to follow how BlackBerry's situation progresses as time goes on. It's quite probable that the Canadian company is going to acquire sold. However, the real question is what will happen to it after the deal?

Source | Via


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