Wednesday, November 06, 2013

Lenovo pursued BlackBerry bid, but Ottawa rejected idea - The Globe and Mail

No deal, eh
"Sources said Lenovo was very interested and would likely have been willing to buy BlackBerry. But the Canadian firm could ill afford to spend months tied up with a security review that could potentially derail a transaction.
One of BlackBerry’s key concerns in looking for a buyer was speed and certainty. Any transaction with significant risk of falling through was a problem because BlackBerry might not have had time to execute a Plan B with the way its business has been declining."
Lenovo pursued BlackBerry bid, but Ottawa rejected idea - The Globe and Mail

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