Posted by : Brij Bhushan Thursday, 10 October 2013

We already know that BlackBerry is considering a sale, and now we know at least two guys who are interested in buying it up: two of its co-founders, Mike Lazaridis and Douglas Fregin.


Though Lazaridis is a bit more well known and oft credited as the sole founder of BlackBerry, he and Fregin co-founded the company as Research In Motion back in 1984. Fregin acted as the company’s VP of Operations until he retired in 2007; Lazaridis, meanwhile, left his role as Vice Chair of BlackBerry’s board in May, about a year and a half after stepping down from CEO.


The pair have filed a 13-D with the SEC. Here’s the nut of it:



In light of the Issuer’s recent announcement that its board of directors has formed a Special Committee to explore strategic alternatives to enhance value and increase scale, the Reporting Persons are considering all available options with respect to their holdings of the Shares, including, without limitation, a potential acquisition of all the outstanding Shares of the Issuer that they do not currently own, either by themselves or with other interested investors (an “Acquisition”).



It’s important to note that this doesn’t necessarily mean they have a concrete intent to acquire the company — just that they’re considering it.


This story is developing…







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