BlackBerry Ltd. had been more open to a breakup of the company in the middle of rising concerns that Fairfax Financial Holdings Ltd might be unable to line up funding or partners, said a Bloomberg report. The report went on saying the Fairfax might not find funds or partners for the proposed USD4.7 billion buyout, said a person familiar with the matter.
Companies including SAP AG, Cisco Systems Inc. and Samsung Electronics Co said that they were only interested in parts of the company. BlackBerry advisers had approached the said companies last week for a possible deal, said a Bloomberg report.
Meanwhile, a breakup for the company would let parties bid for the most valuable pieces of BlackBerry, a struggling smartphone maker which had once dominated the mobile industry. The valuable pieces of Canada based BlackBerry included its patents or enterprise network, said people who spoke in condition of anonymity as the discussions were held private in nature.
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