Co-founders Mike and Doug may bid for BlackBerry
12 Oct 2013 12:55 AM GMT
Co-founders of Canadian handset maker BlackBerry, Mike Lazaridis and Douglas Fregin, have evinced interest in acquiring the struggling smartphone maker.
Both the co-founders have entered into a preliminary arrangement for bidding to acquire the Ontario-based firm.
Lazaridis had held the position of president, co-chief executive officer and co-chair at BlackBerry, while, Fregin had worked as its vice president of Operations.
'Lazaridis and Fregin are interested in pursuing a joint bid for the possible acquisition of the company by means of a transaction with the goal of stabilising and ultimately reinventing the company based on a plan developed by them,' BlackBerry said in a filing to the US Securities and Exchange Commission (SEC) on Thursday.
Both the co-founders have entered into a preliminary arrangement for bidding to acquire the Ontario-based firm.
Lazaridis had held the position of president, co-chief executive officer and co-chair at BlackBerry, while, Fregin had worked as its vice president of Operations.
'Lazaridis and Fregin are interested in pursuing a joint bid for the possible acquisition of the company by means of a transaction with the goal of stabilising and ultimately reinventing the company based on a plan developed by them,' BlackBerry said in a filing to the US Securities and Exchange Commission (SEC) on Thursday.
Next Story
