BlackBerry Ltd T.BB

Alternate Symbol(s): BB

Technology Software - Infrastructure

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.

TSX:BB - Post by User

BlackBerry Ltd

Bullboard Posts

Post by bushhog1on Sep 12, 2013 8:57am

400 Views

Post# 21734974

Something smells fishy

Yahoo Board

connecting the dots - lowball buyout by Prem is likely

based on rumors and reports, put two and two together, I got the following story:

1. Prem notified BB that he wanted to buyout BB and then resigned as director; and Thorsten set up special committee to handle the issue.
2. Prem made a bid at quite low price, Thorsten was not satisfied.
3. Thorsten approached Lenovo, who agreed to buy BB at $17, but asked BB to make sure the Canadian government approve the deal, and therefore BB started to lobby the government.
4. As Lenovo deal approval by the Canadain government could be a long process and is very uncertain, Thorsten considers accepting Prem's low-ball bid. As Prem is the largest shareholder of BB, Thorsten hires Perella to prepare a fairness report about the deal. Less

https://finance.yahoo.com/mbview/threadview/?&bn=412aaa3b-b658-3dae-a5d5-d60f6e0d6a41&tid=1378941057885-c9c2fc05-3cb6-4548-a35d-ccef97642962&tls=la%2Cd%2C11%2C3