Tuesday, September 10, 2013

BlackBerry shares soar after rumors of sale - Digital Look

Shares of BlackBerry in the United States rose by about 3% in the negotiations pre-trading session on Monday, 9, after news that the Canadian investor Prem Watsa was thinking of buying the manufacturer. Information provided by Reuters.

The shares reached U.S. $ 11.47, up about 5% on the Nasdaq. At the time of publication of this matter, 13h, shares of Canadian were worth U.S. $ 11.37.

Understand the case

Blackberry hired investment bank JP Morgan to handle the sale. However, last week, the executives who lead the company said they hope to complete the sale of assets by November this year, according to the Wall Street Journal.

sales from Nokia to Microsoft would have generated a hurry, according to the newspaper. After the transaction, the smartphone market should gain a clearer outline, around the three major platforms: Android in the lead, iOS in second place, and now Windows Phone with the third position.

That is, the evaluation of executives, this new market configuration will generate more pressure on the company’s Blackberry. The company that once controlled nearly half of the smartphone market U.S. today has only a small slice of the house 3%.

The most recent movements, such as the launch of the smartphone Z10, hindered further life of the company. Expectations in the market pointed to a proposal by the manufacturer coming from Microsoft, but the rumors were muffled with recenete done deal with Nokia.

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