BB sale is a disaster for patents - a new 52 week low As I said, there is no bank debt to support a patent transaction. Blackberry agreed to th equivalent of a vendor take back mortgage and remains invested in the patent business. There is no getting out of the patent business at this point.
Given blackberry's size the equivalent of this for WiLan would be a $15M upfront payment and $85 million of future profits. $15M of cash only gives one more quarter of cash to fund the ETC disaster.
And to boot, M partners has withdrawn its rating for QTRH. Never a good sign.