Reuters - BlackBerry Open to Going Private, Sources Say
Smartphone maker BlackBerry Ltd. is considering the possibility of going private, writes Reuters, citing several sources. While no deal is imminent, president and CEO Thorsten Heins and the company's board are coming around to the idea. Private equity firms have "circled the company for more than two years", but have yet to "figure out ways to structure a deal", writes Reuters. The Waterloo, Ontario-based BlackBerry has recently had collaborative talks with Silver Lake Partners, one source says, but these have not involved a potential buyout.
9 August 2013•3 mins read
