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August 12, 2013 12:48 pm -04

BlackBerry confirms it's looking for 'strategic alternatives' such as sale or going private

Remember the rumor that BlackBerry was planning to take itself private? Just a few days later and the company has confirmed that some very fundamental discussions are indeed taking place. In a press release, the Canadian smartphone maker revealed that a committee has been formed to look for "strategic alternatives" to push BlackBerry 10, which could involve a merger, selling the company or taking BlackBerry private. Naturally, there's no indication that anything will actually change at the beleaguered company, but at least we know Thorsten Heins is actively pursuing new options.

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Via: The Globe and Mail


Original Link: http://www.engadget.com/2013/08/12/blackberry-private/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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