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TeleCommunication Systems, Inc. Message Board

  • mark7182002 mark7182002 Aug 9, 2013 8:57 AM Flag

    BlackBerry To Go Private? fwiw

    Reuters is out with a story this morning that indicates BlackBerry’s (TSX:BB,NASDAQ:BBRY) CEO and the company’s board are “increasingly coming around to the idea that taking BlackBerry private would give them breathing room to fix its problems out of the public eye”.

    This is not a huge surprise to us and we’ve mentioned this as a potential outcome for the company in the past. The company has no need for the public equity market as it is still generating significant cash flow, carries a sizeable cash balance, has no debt and can essentially finance itself

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