Tuesday, October 01, 2013

How Low Will Prem Watsa’s BlackBerry Offer Go? - John Paczkowski - Mobile - AllThingsD

Liquidation looking likely? Also see BlackBerry to Gartner: Not Dead Yet! (AllThingsD)
"And that, along with Fairfax’s due diligence, may give the firm cause to revise its price before making an official offer for Blackberry later this year. Mike Walkley at Canaccord Genuity thinks BlackBerry’s likely fate is a sale to Fairfax Financial and its partners for $7 a share. Jefferies analyst Peter Misek sees a similar final price. “The bid could be lowered to (approximately) $7 as a last resort,” Misek said. “We think other bidders will be unlikely.”"
How Low Will Prem Watsa’s BlackBerry Offer Go? - John Paczkowski - Mobile - AllThingsD

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