Cerberus Capital Management Looking Into BlackBerry

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.