Tuesday 13 August 2013

Blackberry Company Up For Sale

Blackberry has announced through a statement that it directors are considering putting up the company for sale – although looking at other options.

The Canadian company is currently struggling to keep itself afloat as the Androids and iOS devices are currently dominating the phone market. Although looking at other “strategic alternatives” that could boost the sale of BlackBerry 10 devices, the company received a bit of good news and bad news after its shares increased by 5% today.
BlackBerry also announced its largest shareholder, Fairfax Financial Chief, Prem Watsa, will step down from the board to avoid “potential conflicts” but will retain his investment in the company

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