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Analog Devices, Inc. Message Board

  • duydinh_t duydinh_t Sep 25, 2013 3:43 PM Flag

    BBRY at 8s, worth to take risk

    What you say? I just took a small lot for now.

    Take care,
    Duy.

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    • BlackBerry Ltd reported a huge quarterly loss on Friday, days after accepting its largest shareholder's tentative $4.7 billion bid to take it out of the public eye.

      BlackBerry, which had warned of the loss, said its net loss for the second quarter was $965 million, or $1.84 a share, on sharply reduced revenue of $1.6 billion. The loss included a pretax non-cash charge against inventory and supply commitments of about $934 million.

    • This is how we play this: 12.5 %

      BlackBerry shareholders will receive US$9 in cash per share, valuing the transaction at US$4.7-billion. If the deal meets a series of conditions, the consortium will acquire the outstanding shares of BlackBerry not controlled by Fairfax, while Fairfax intends to contribute its 10% stake into the transaction.

 
ADI
51.12-0.17(-0.33%)Aug 29 4:00 PMEDT

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