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WSJ Claims Cerberus & Another Investor Are Looking Into BlackBerry Bid

 Dilbert Shirt

The leaks continue as BlackBerry has its “Strategic Review.” The latest report comes from the WSJ that claims Cerberus, which specializes in distressed investments, is signing a confidentiality agreement with BlackBerry to see their books and decide if they want to bid. On top of that they have word that "at least one other distressed-investing firm has also been sniffing around BlackBerry," but do not know who it is. One rumor is that Mike Lazaridis is meeting with many investors for a possible bid of his own since he still owns a 5.7% stake.

Developing…

Img credit: Dilbert

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