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View Full Version : Co-founder Mike Lazaridis increases BlackBerry stake, considers bid



Wireless News
10-10-2013, 02:52 PM
http://l3.yimg.com/bt/api/res/1.2/Wx36Qr4ryABPfPKufX87og--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/lazaridis.jpg (http://news.yahoo.com/co-founder-mike-lazaridis-increases-blackberry-stake-considers-184556313.html)BlackBerry co-founder Mike Lazaridis, who is likely just as responsible for BlackBerry’s early success as he is for its collapse, on Thursday filed a Schedule 13D with the U.S. Securities and Exchange Commission revealing that he recently increased his stake in the company. Lazaridis had previously held a 5.7% stake in BlackBerry, and he now owns 8% of the company. The document also reveals that Lazaridis and fellow BlackBerry co-founder-Douglas Fregin have entered into an agreement to-”explore the possibility of submitting a potential joint bid” for BlackBerry, which is still on the ropes as rumors swirl that Fairfax Financial will not be able to secure funding for its proposed $4.7 billion buyout. BlackBerry shares spiked roughly 1% to $8.19 on



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