RE:Chen destroyed Cyber at BlackBerry why?Joey67 wrote: Professors are writing courses for business students of how not to run a company and the poster boy will be Chen. They will use his purchase of Cylance as their prime example. A 1.4 billion purchase that was partially written off months of being purchased. Chen dismantled the company and fired all the sales staff. Why? Part of his plan to sell BlackBerry for pennies on the dollar to Watsa. This was the play from day one. To drive the share price so low that shareholders will beg for a $6 buyout. Coincidentally the same price as the debenture sweet heart deal to Fairfax. Watsa has screwed shareholders before and public court documents are easily found to prove this FACT. It will play out in the next few months as Chen and Watsa are in high level meeting with silver lake Partners as we speak. These guys are complete crooks.
I think they'll throw a drink offer in the 8-9 region if it happens still almost a double ..