Former BlackBerry co-CEO, Jim Balsillie, Confirms He No Longer Owns BlackBerry Stock

jim_balsillie_highres

Jim Balsillie, one of BlackBerry’s previous co-CEO’s, confirmed that he no longer owns any shares in BlackBerry. He disclosed this information in a document filed today with the SEC. He used to own over 26 million shares in BlackBerry which was just under Mike Lazaridis with about 30 million shares. The market is taking this as a bad sign though I doubt Balsillie wanted to keep such a large stake in a company he no longer controlled the future of. Either way it seems like BlackBerry has separated themselves from Balsillie. via CNET

4 total comments on this postSubmit your comment!