1. luancuvi's Avatar
    After reading Chris's post BlackBerry could wind up with over $4 billion in cash | CrackBerry.com I am more and more convinced about that.
    2.3b in cash + written off Z10s inventory + 1billion in future tax refunds + according to some estimates 1.2b worth of patents + QNX + No debt + real estate +...
    All that for 4.7b? That was not a rip off, that was a major swindle, specially after having been in the board of directors responsible of the above described situation.
    I can imagine they didn't dare to finalise the deal as it was structured initially.
    11-08-13 06:10 AM
  2. Sith_Apprentice's Avatar
    Added the Opinion tag
    11-08-13 06:30 AM
  3. luancuvi's Avatar
    Added the Opinion tag
    11-08-13 06:37 AM
  4. Jakob Greve's Avatar
    If so they could just let other's bid as well and PW would still stand to gain - Simple
    11-08-13 06:46 AM
  5. luancuvi's Avatar
    If so they could just let other's bid as well and PW would still stand to gain - Simple
    Yep, but you have to take into account that they held privileged information, were responsible of strategic decisions which lead to the current situation and positively knew that there is no other bidders. I am not sure about the legal implications, if any, of the current board of directors accepting such a low offer after devaluing the company with their last few decisions. It was only recently that PW left the board.
    11-08-13 07:30 AM
  6. BoldPreza's Avatar
    Nope, as long as they went through a proper sale process and BlackBerry wasn't being forced to sell to him at some false low price he wouldn't have been sued. At least not successfully.

    Posted via CB10
    11-08-13 07:33 AM

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