2013
10/30

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Secured Financing

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BlackBerry Co-Founders Think About Buying Again The Battling Smartphone Maker

Concerns surround the ongoing future of BlackBerry

BlackBerry, or the company formerly known as Research In Motion (RIM), in the event you prefer, is quickly obtaining itself the particular odd smart phone maker out. Dreams of catching up to Google android or iOS in market share now appear farfetched, but on a worldwide scale, Cell phone has also taken second stage to Microsofts Windows Phone system, a relative beginner to mobile. Something has to change, in addition to apparently of which begins around the ownership aspect.

Company co-founders Mike Lazaridis and Douglas Fregin are currently deciding if to make a shared bid to buy out Blackberry mobile phones, it was exposed during a corporate posting immediately, CNN reviews. Financial facts the potential deal are not recognized, nor is this clear in the event the duo have secured loans for this acquisition. The things we do know is the fact that both Lazardis and Fregin each own around 8 per cent of the business.

They arent the only kinds thinking about a new buyout. Fairfax Financial, the Canadian insurance provider that happens to become BlackBerrys biggest shareholder, stated it wished to buy the organization for $4. 7 million. However , Fairfax Financial never secured financing, leading some to wonder if the company was only wanting to draw curiosity to a takeover before cashing out the shares.

In addition , its been rumored of which Google, Barullo, SAP, Intel, LG, Samsung, and Cerberus Capital almost all have shown various amounts of fascination with buying any part of Blackberry mobile phones.

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