Wednesday, December 25, 2013

BlackBerry founder Mike Lazaridis won't pursue bid for company


BlackBerry founder Mike Lazaridis has severely reduced his ownership stake in the company, according to a report in The Wall Street Journal . The information comes from a regulatory filing made public on Tuesday, in which Laziridis said he won't pursue a bid to buy the company, and as a result had cut his stake to roughly 4.99 percent of the ailing Canadian smartphone maker.


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via The Verge - All Posts http://www.theverge.com/2013/12/25/5243924/blackberry-founder-lazaridis-cuts-his-ownership-stake-to-under-5-percent

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