1. Coachbulldog's Avatar
    Does anyone have a Wall Street Journal subscription and can give the details as to what is contained in this report?

    BlackBerry Pushes for Speedy Sale Process - WSJ.com
    09-04-13 03:40 PM
  2. kojita's Avatar
    See
    http://forums.crackberry.com/news-ru...vember-846132/

    I had it for a quick moment somehow, but did not say anything specific from what I could read, more details in the Globe and the mail (see post above)
    09-04-13 03:47 PM
  3. DannyAves's Avatar
    Does anyone have a Wall Street Journal subscription and can give the details as to what is contained in this report?

    BlackBerry Pushes for Speedy Sale Process - WSJ.com
    You don't need a subscription to read it. For example, in Firefox just highlight the title at the WSJ, right click, search in Google and then click on that link.
    09-04-13 03:53 PM
  4. Coachbulldog's Avatar
    You don't need a subscription to read it. For example, in Firefox just highlight the title at the WSJ, right click, search in Google and then click on that link.
    Thank you for the information.
    09-04-13 03:59 PM
  5. berklon's Avatar
    As I thought, Blackberry is in a rush to make a move. They don't have as much time as others around here suggest.
    09-04-13 04:05 PM
  6. Carterbits's Avatar
    One of my contacts at BlackBerry has been updating his LinkedIn profile with iOS and Android development skills in the last few days. Not conclusive I know, but not heartening either...

    BlackBerry is my favorite platform, especially from stability, security and developer points of view. If they were to go away, I would be so unhappy with any of the alternatives, knowing what I'd be missing...
    09-04-13 04:10 PM
  7. the_sleuth's Avatar
    This article reminds me of this quote:

    And now, the end is near,
    And so I face the final curtain.
    My friend, I'll say it clear,
    I'll state my case, of which I'm certain.
    I've lived a life that's full.
    I've traveled each and every highway;
    And more, much more than this,
    I did it my way.

    ― Jacques Revaux, My Way
    Fret not BB fans, this news means a new beginning for BlackBerry just as Nokia is moving on to different path.
    09-04-13 04:15 PM
  8. blackberry-pimp's Avatar
    You don't need a subscription to read it. For example, in Firefox just highlight the title at the WSJ, right click, search in Google and then click on that link.
    Thank you, this worked using Chrome as well.
    09-04-13 04:38 PM
  9. blackberry-pimp's Avatar
    Here's the full Wall Street Journal article.

    BlackBerry Ltd., BB.T +4.93% the beleaguered smartphone maker that has put itself up for sale, is aiming to run a fast auction process that could be wrapped up by November, according to people familiar with the matter.

    BlackBerry announced in August that it had formed a special committee of board members to "explore strategic alternatives." Since then, the company has held preliminary talks with parties interested in buying part or all of the company, one of the people said. It has narrowed its list of potential bidders to seek out in a sales process expected to begin soon, this person said.

    It is far from guaranteed any serious bids will materialize or that the company will pull off a sale in that time frame, if at all. But BlackBerry's board is pushing for a quick resolution to the sales process, one of the people said.

    The push to find a buyer comes after one speculated buyer of BlackBerry, Microsoft Corp., MSFT -2.15% struck a deal Monday to buy the handset unit of Nokia Corp. NOK1V.HE +0.50% for $7 billion. The deal could add to pressure on BlackBerry's sales, analysts say.

    The Microsoft-Nokia deal likely "secures" for Microsoft the No. 3 position in the smartphone market and "further relegates [BlackBerry] to the also-ran bin," MKM Partners analysts said in a note.

    Fierce competition from bigger, more nimble competitors like Apple Inc. and Samsung Electronics Co. has relentlessly whittled away at BlackBerry's sales. The Waterloo, Ontario, company once controlled more than half of the U.S. market for phones that handle email and Web-browsing, but now has just 3%, according to research firm IDC. Its future prospects were further dimmed when two devices it introduced earlier this year—the all-touch-screen Z10 and a keyboard-equipped Q10—fell short of expectations.

    The rapid erosion of BlackBerry's business likely helps explain its desire to conclude the sales process quickly, and salvage as much value for the company as possible. Its stock, which once traded above $200, now changes hands at just over $10. The shares rose 43 cents, or 4.2%, to $10.64 in mid-afternoon Nasdaq trading Wednesday, giving the company a market capitalization of about $5.6 billion.

    What's more, the company's announcement of a strategic review may further dampen its sales, particularly to corporate, or enterprise, customers, analysts say.

    "Our view is that enterprises will further delay implementations and even die-hard consumers will catch wind that BlackBerry is for sale and not commit to the platform," National Bank analyst Kris Thompson said in a note to clients Wednesday. "The longer the strategic review lasts, the uglier BlackBerry's outlook may look."

    It is unclear who held the preliminary talks with BlackBerry or its representatives, but private-equity players and possibly some Asian tech companies are expected to at least consider a deal for the company. Any BlackBerry deal will likely include more than one buyer each taking over part of the company, one of the people said.

    Prem Watsa, a director of the company and the chief executive of its largest shareholder, resigned from the board when the strategic-alternatives announcement was made, citing "potential conflicts that may arise during the process." That was viewed as a signal by investors that he was potentially interested in participating in a bid for the company. Mr. Watsa hasn't respond to requests for comment.

    Last week, a member of BlackBerry's special board committee, Bert Nordberg, said in an interview that the company should sell off "subsets," without specifying which, and that it could survive as a "niche company." BlackBerry has weighed spinning off its messaging service, The Wall Street Journal reported last week.

    BlackBerry has hired J.P. Morgan Chase & Co. to run the sales process.
    09-04-13 04:43 PM
  10. qwerty4ever's Avatar
    This article reminds me of this quote:



    Fret not BB fans, this news means a new beginning for BlackBerry just as Nokia is moving on to different path.
    ROFLMAO You are hilarious. Nokia is on the fast-track to oblivion much as I fear awaits the same fate for BlackBerry. With the share price buoyed by the recent Microsoft-Nokia acquisition it became more difficult to sell the company or buy back all outstanding shares to be taken private. Prem Watsa might be salivating as the share price increases to enrich his personal pay day. Meanwhile, Thorsten Heins sits at his desk, head in his hands, crying "Won't someone buy this company so I can collect my severance package. Please!"
    09-04-13 04:44 PM
  11. the_sleuth's Avatar
    Nokia is not disappearing. Nokia made the right move to exit handsets. It will continue to be a 4G / LTE network gear manufacturer as Nokia Seimens Networks.

    ROFLMAO You are hilarious. Nokia is on the fast-track to oblivion much as I fear awaits the same fate for BlackBerry. With the share price buoyed by the recent Microsoft-Nokia acquisition it became more difficult to sell the company or buy back all outstanding shares to be taken private. Prem Watsa might be salivating as the share price increases to enrich his personal pay day. Meanwhile, Thorsten Heins sits at his desk, head in his hands, crying "Won't someone buy this company so I can collect my severance package. Please!"
    09-04-13 05:04 PM
  12. Im Mo Green's Avatar
    Nokia is not disappearing. Nokia made the right move to exit handsets. It will continue to be a 4G / LTE network gear manufacturer as Nokia Seimens Networks.
    Is there any chance that bbry will continue as a stand alone play like. Nokia. More of a enterprise software play/mdm solution. I hope that's the case for shareholders who have seen value been destroyed overtte years. Maybe a new BlackBerry out of the device business can be successful
    09-04-13 05:53 PM

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