BlackBerry co-founder Mike Lazaridis has boosted his stake in the troubled Canadian tech firm with the intention of making an acquisition bid, regulatory documents showed today.
Documents filed with the Securities and Exchange Commission said Lazaridis now has eight per cent of BlackBerry shares and is working with another co-founder, Douglas Fregin, “to explore the possibility of submitting a potential joint bid” for the group.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.