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BlackBerry’s Founders Consider Buying Back the Company

Lazaridis

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BlackBerry may have a new takeover bid, and this one comes from within the company.

Mike Lazaridis and Douglas Fregin, BlackBerry’s founders, revealed in an SEC filing Thursday that they are considering making a possible bid to buy back all remaining shares of the company that they don’t own

“In light of the Issuer’s recent announcement that its board of directors has formed a Special Committee to explore strategic alternatives to enhance value and increase scale, the Reporting Persons are considering all available options with respect to their holdings of the Shares,” the filing says, “including, without limitation, a potential acquisition of all the outstanding Shares of the Issuer that they do not currently own, either by themselves or with other interested investors.” Read more…

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