Confirmed: BlackBerry will either Sell, Merge or Privatize
It seems the rumors we reported on just days ago are true: BlackBerry has officially confirmed in a press release that it is looking at a variety of ''strategic alternatives'' to attempt to save the flailing Canadian manufacturer. The alternatives include a merger, outright sale of the company, or privatization. These moves come as the smartphone maker tries to push further adoption of the BlackBerry 10 operating system.
The press release announced the company's Board of Director's have appointed a Special Committee to ''explore strategic alternatives to enhance value and increase scale in order to accelerate BlackBerry 10 deployment. These alternatives could include, among others, possible joint ventures, strategic partnerships or alliances, a sale of the Company or other possible transactions.
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