Aug 12, 2013
By Scott Walker
There could be big changes in the works at Blackberry.
The Canadian smartphone maker announced this morning that is launching a formal review of its “stragegic alternatives.”
That could mean exploring joint ventures and strategic partnerships. It could also mean selling the company.
There have been unconfirmed reports that the company may go private. That could be accomplished by one or more investors buing out other shareholders and taking the company off the stock market.
Adding to the rumours is the announcement that one of Blackberry’s key shareholders, Prem Watsa, has resigned from the board of directors because of possible conflicts of interest.