BlackBerry founder Mike Lazaridis won't pursue bid for company

[Wireless News]

http://l3.yimg.com/bt/api/res/1.2/8wkqwO57ol1QqA8zhWEKTg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/The%20Verge/laz-1020_large.jpg (http://news.yahoo.com/blackberry-founder-mike-lazaridis-won-39-t-pursue-222701172.html)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. The news should quiet rumors that Lazaridis might make a play to regain control of the company, rumors which had included buyers ranging from Facebook to Amazon.



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