ezXplain

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

BlackBerry has signed letters of intent to go private under Fairfax Financial, but it's still looking for a backup plan in the meantime. That warning may effectively limit the pool of would-be buyers of BlackBerry Ltd or foreigners interested in Canada's tele industry, and it could rule out all but a few well-established players 's board may be angling to get a sale of the pany finished by November but might not be willing to pony up cash for it its es down further. Tags: potential, blackberry, buyers, seen, Potential Buyers for BlackBerry - is in talks with Cisco Systems Inc., Google Inc. and SAP AG about selling them all or parts of itself, according to Reuters. If a deal is reached, it would be an alternative to are waiting on the sidelines to see if will part with its patents, according to two sector bankers. One banker speculated that if by 2015, ’s turnaround

Leave a Reply

Required fields are marked *.


This site uses Akismet to reduce spam. Learn how your comment data is processed.