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BlackBerry open to idea of breakup if Fairfax deal doesn’t get done

October 10, 2013February 20, 2015 BB Empire TeamUncategorized

Even though Prem Watsa is confident his company’s deal goes through for the takeover of BlackBerry, Bloomberg  is reporting that BlackBerry has “warmed up” to the idea of a company breakup. Now why would BlackBerry be interested in a breakup? They […]

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BlackBerry starts layoff process at Waterloo office

October 8, 2013October 8, 2013 BB Empire TeamUncategorized

BlackBerry announced a few weeks ago that they will reduce the number of employees by cutting approximately 4,500 jobs by end of Q1 Fiscal 2015 as part of their restructuring plans. Today it has been confirmed that the layoff process has begun […]

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Forbes interviews Globe and Mail regarding their highly researched/discussed recent BlackBerry article

October 2, 2013October 2, 2013 BB Empire TeamDevices

Globe and Mail recently made headlines with one of their articles titled, “Inside the fall of BlackBerry: How the smartphone inventor failed to adapt“, this article was a deeply researched article with inside information regarding such a private company that […]

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‘BlackBerry’s customers will feel more confident and start buying more once the deal is done’ – Prem Watsa

October 1, 2013October 1, 2013 BB Empire TeamUncategorized

As BlackBerry is doing their due diligence for finding another bidder or like most would say “shopping around”, Prem Watsa has stated a number of times he is confident his company’s bid will succeed, while we are not totally sure what […]

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Prem Watsa confident bid for BlackBerry will succeed

September 25, 2013September 26, 2013 BB Empire TeamDevices

Prem Watsa is very confident that his company’s $4.7 billion dollar bid for BlackBerry will succeed. BlackBerry has up until November 4th to shop for another sale, a higher bid. While Prem’s company Fairfax owns a %10 stake in BlackBerry […]

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Former BlackBerry Co-CEO Lazaridis Has Talked With Private-Equity Firms About Possible Bid for Company

September 20, 2013September 20, 2013 BB Empire TeamUncategorized

Could we be seeing former BlackBerry Co-CEO Mike Lazaridis make a bid for BlackBerry? Seems like there have been talks according to the WSJ that the former Co-CEO has been in contact with private-equity firms about a possible joint bid for […]

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