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View Full Version : Canadian pension fund CEO: BlackBerry sale ‘the most bizarre sales process I’ve seen’



Wireless News
10-09-2013, 08:20 AM
http://l.yimg.com/bt/api/res/1.2/3DUuq.vipY.EQfZ_E_d5Mg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/bbry-hq.jpg (http://news.yahoo.com/canadian-pension-fund-ceo-blackberry-sale-most-bizarre-120001937.html)If you have no idea what’s going on with Fairfax’s plan to buy out BlackBerry, don’t worry — prospective investors seem in the dark as well.-Leo de Bever, the CEO of Canadian pension fund Alberta Investment Management Corporation, tells Bloomberg that he’d consider putting some money into BlackBerry if he had any understanding of how Fairfax’s plan was supposed to work. “It’s the most bizarre sales process I’ve seen in a long time,” he said. “We’re looking at it but nobody’s come to us with a proposal that makes any sense.” In particular de Bever said that his firm has had a difficult time really evaluating BlackBerry’s value on an asset-by-asset basis and that Fairfax hasn’t really shown it has



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