BlackBerry Co-Founders Mike Lazaridis And Douglas Fregin Considering Takeover Bid
Posted in: Today's Chili
BlackBerry is up for sale, and the men who founded it are definitely interested. Back in 1984, Mike Lazaridis and Douglas Fregin co-founded Research in Motion, which was renamed earlier this year to BlackBerry. The company already has a takeover bid on the table, placed by its largest shareholder Fairfax Financial Holdings, which owns about 10 percent. Fairfax’s bid is non binding and subject to its due diligence, there have been reports that it is struggling with raising the required finances to close the $4.7 billion takeover at $9 per share. Fairfax will return on November 4th, until then BlackBerry is free to seek buyers, and it just might receive a bid from Lazaridis and Fregin.
BlackBerry Co-Founders Mike Lazaridis And Douglas Fregin Considering Takeover Bid original content from Ubergizmo. 
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