Let the bidding war begin
Now that a bid is actually on the table, future bids can only be higher. Let's hope Samsung, Lenovo, Microsoft, Amazon or Facebook counter this initial bid.
Blackberry will make sizable profits after the expense reduction. They will likely begin to outsource operations to places like the Phillipines and China where labor expense is ultra-low.
Prem will have fat pockets when it's all said and done if others don't bid.
I bid $3 a share once Prem pulls out.
right, because that process was going so well before last Friday.