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BlackBerry sale canceled



Yes, there were several applicants for the BlackBerry company, who stated their desire to buy out the assets of this corporation. Nevertheless, the company decided not to sell its assets, but to try to get out of a difficult (even very) situation on its own. The scenario of resolving the current situation is as follows: the current director of the company, Torsten Heins, resigns, plus a package of bonds worth about a billion dollars is issued (these bonds need to be sold to the company later).

In principle, there are already buyers on the bonds. It is reported that $ 250 million, or a quarter of the required amount, is about to be invested by Fairfax Financial Holdings. This consortium now owns approximately 10% of the company's shares. It is worth noting that Fairfax Financial Holdings was going to sort of like to buy a BlackBerry for 4.7 billion US dollars.
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But the potential buyer had unexpected problems finding the amount needed for the purchase, and BlackBerry began negotiations with other companies, including Google, Cisco Systems, and SAP.

Of course, no one has canceled the problems of BlackBerry, and the company continues to suffer significant losses. The cash reserves that are in BlackBerry accounts are not enough for more than half a year if the company continues to lose money at a pace like this.

Via reuters

Source: https://habr.com/ru/post/200778/


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