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View Full Version : BlackBerry, Facebook 'met over potential bid'



Wireless News
10-30-2013, 08:43 AM
http://l.yimg.com/bt/api/res/1.2/bER1yxZZLEUbyCGngJ2rRA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3B4b2ZmPTUwO3B5b2 ZmPTA7cT03NTt3PTEzMA--/http://media.zenfs.com/en_us/News/afp.com/d0dc2285ae7fa3b6d733051f510d0b460dcf9a3a.jpg (http://news.yahoo.com/blackberry-facebook-met-over-potential-bid-004231627.html)New York (United States) (AFP) - BlackBerry executives met with their counterparts at Facebook last week over a potential bid for the struggling Canadian phone-maker, The Wall Street Journal reported Wednesday. Although BlackBerry is weighing a sale, it was unclear whether Facebook plans to bid on the company, the Journal said, citing people familiar with the matter. Blackberry has $2.6 billion in cash, though that figure is eroding as the smartphone-maker loses traction in the market. The company's patents, with an estimated value of between $1 billion and $3 billion, are likely the most attractive BlackBerry asset for Facebook, the Journal speculated.



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