Thursday, March 28, 2024

WSJ: BlackBerry sale likely to be wrapped up by November

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WSJ BlackBerry sale likely to be wrapped up by November

Details about an eventual sale of BlackBerry are slowly but surely starting to pick up steam. Following a confirmation from the Waterloo-based company about it being open to seeking “strategic alternatives,The Wall Street Journal is now reporting that members of the board are “aiming to run a fast auction process” which could be finalized as early as November of this year. Sourcing the well-informed people familiar with the matter, the publication goes on to say that BlackBerry has narrowed its list of potential buyers, with the sales process “expected to begin soon.” We’ll see how long it takes for Thorsten Heins and Co. to find someone interested in the troubled brand, but something tells us it won’t be much longer before this story reaches its climax.

Filed under: Cellphones, Software, Mobile, Blackberry

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Source: The Wall Street Journal

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