[birdman_38]

Among other real estate options, BlackBerry is considering selling their empty buildings in Waterloo.

BlackBerry weighs real-estate sale - The Globe and Mail

"According to the company�s disclosure, the value of its land, based on cost, was $119-million as of June 1 and its related buildings, leasehold improvements and other real estate assets had a value of $1.28-billion, at cost (prior to any amortization). That includes real estate that it owns outside the Waterloo region."

The article brings to light an important point. Let's crunch the numbers:

$1.4 billion real estate + $2.6 billion cash on hand + $1 billion in patents and other intellectual property + $1.2 billion for the network + $1.5 billion for software = $7.7 billion.

Subtract $400 million in restructuring costs and $800 million to hypothetically close down hardware operations = $6.5 billion

With their $4.7 billion offer involving no cash commitment, Fairfax is committing highway robbery

[pkcable]

Why NOT sell empty building? Especially when you are hurting so bad?

[BergerKing]

http://forums.crackberry.com/news-ru...al-estate+sale