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Blackberry Won’t Break Up Company

After being on the table for more than three months, unnamed sources say that the companies Board of Directors will not accept any deals that would split the company up. These sources say that the Board of Directors for Blackberry does not see a break up as being in the best interest for stakeholders of the company. It is true that a division and sell off of parts of the company would affect shareholders, employees and other investors, the extent of a break would affect each differently. Microsoft and Apple expressed interest in buying up patents while other technology companies such as Lenovo expressed interesting in buying up more significant portions of the company. For the time being, it appears that Blackberry has given up its plan to sell and has instead appointed a new interim chief executive. Read More…

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