Friday, July 19, 2024

Mike Lazaridis is considering an acquisition of BlackBerry

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Today the co-founders of Research In Motion submitted an SEC filing stating that they are considering making a bid to buy all the shares of BlackBerry that they don’t currently own.

Mike Lazaridis and Doug Fregin jointly filed a 13D with the SEC, which is a standard document that must be filed when you control over 5% of the shares of a public company.  Lazaridis already held over 5%, but the new document says that he’s teaming up with Fregin, and they jointly own 8% of the stock.

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