It looks like BlackBerry founder Mike Lazaridis won’t pursue a bid for his company as he “severely reduced” his stake in the troubled phone company to just 4.99 percent. [The Verge]
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BlackBerry founder Mike Lazaridis has severely reduced his ownership stake in the company, according to a report in The Wall Street Journal. The information comes from a regulatory filing made public on Tuesday, in which Laziridis said he wont pursue a bid to buy the company, and as a result had cut his stake to […]
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BlackBerry co-founder Mike Lazaridis had so much faith in the company he helped rise to greatness — which, coincidentally, is also the company he helped destroy — that he considered a bid to purchase the struggling vendor earlier this year. Now, however, Lazaridis might finally be losing some faith. Following BlackBerry’s fiscal third-quarter earnings report […]
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FRIDAY, APRIL 19, 2024
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