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View Full Version : BlackBerry said to be destined for breakup, phone business called ‘essentially worthl



Wireless News
08-21-2013, 12:22 PM
With BlackBerrylending devicegetting desperate, a new report claims that a breakup may be inevitable at this point. BlackBerry is beyond difficult to value right now but according to some industry watchers, any remaining value plummeted when BlackBerry announced it is exploring a possible sale.lending device”You’re effectively killing that business by saying ‘I’m up for sale,’ ” Red Sky Capital Management’slending deviceBrianlending deviceHuen told Bloomberg on Wednesday. “Nobody is interested in buying the entire entity. I think they are now in the phase of saying, ‘We will do anything to maximize value, including breaking up the company.’ “ Analysts at Raymond James and BMO agree that a breakup is likely coming, and they don’t expect BlackBerry’s struggling smartphone business to make it out alive. “The

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