Cerberus Capital Management Looking Into BlackBerry

Share This Post

lp While we’re most certain the Fairfax deal will go through that does not prevent BlackBerry from exploring its options. According to the WSJ, Cerberus Capital Management, LP, is looking into BlackBerry for a possible private takeover. According to reports, Cerberus Capital Management intends to sign a confidentiality agreement with BlackBerry. When asked, BlackBerry stated:

“We do not intend to disclose further developments with the respect to the process until we approve a specific transaction or otherwise conclude the review of strategic alternatives”

As stated in the Fairfax/BlackBerry Consortium, BlackBerry can explore its options while it remains in its ‘due diligence’ period which expires Nov. 4th of this year. This is one of many or few who see BlackBerry as a viable investment return.

Related Posts

Why Karachi’s Beachfront Property Market Is Gaining Attention from Smart Investors

For years, Karachi's real estate market has been shaped...

Spotting the Locals: How to Maximize Wildlife Viewing on Your Mountain Vacation

A trip to the high country offers a much-needed...

Transforming Your Backyard Pool Area With Gabion Baskets

Summer means spending long hours out by the backyard...

Navigating the Milestones: How to Use an App to Track Your Child’s Development

Bringing a new baby home is an incredible, exhausting...