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Potential BlackBerry buyers seen holding off until company’s price hits rock bottom

BlackBerry’s board may be angling to get a sale of the company finished by November but potential buyers might not be willing to pony up cash for it until its price comes down further. Wedge Partners analyst Brian Blair tells AllThingsD that he thinks BlackBerry “is in a hurry because the November and February quarters will likely show meaningful churn, and that will lower the price in a sale.” In other words, interested buyers may only have to wait for an extra quarter or two for BlackBerry to become a lot more affordable and a lot less of a risk. Blair

Quoted from Potential BlackBerry buyers seen holding off until company’s price hits rock bottom on Gadgets News Headlines – Yahoo! News

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