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BlackBerry board reportedly rejected all proposals to break up company

Published Nov 8th, 2013 3:10PM EST
BlackBerry Breakup Deals Rejected

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If BlackBerry’s going down, it looks like it will go down in one piece. Unnamed sources tell Reuters that BlackBerry’s board of directors flatly rejected proposals to break up the company even though Apple, Microsoft and Lenovo all expressed interest in buying off some of its parts. Reuters‘ sources say that BlackBerry’s board saw that any breakup would “not serve the interest of all stakeholders, which include employees, customers and suppliers in addition to shareholders.” Microsoft and Apple were reportedly interested in buying some of BlackBerry’s patents while Cisco and Lenovo were apparently more willing to buy up much larger chunks of the business.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.

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