crisis in Canadian manufacturer of mobile phones, BlackBerry, has attracted the interest of consultants and specialists.
According to information collected by The Wall Street Journal, Cerberus Capital Management LP, a leading private investment banks in the United States is willing to sign a confidentiality agreement with the BlackBerry, to access financial information company.
bank’s intention is to assess the situation of the Canadian manufacturer to eventually formulate a proposal. However, to date, there is no concrete information that Cerberus has already done some formal offer to the company.
Fleeing crisis
This is not the first company interested in the BlackBerry. A few weeks ago Fairfax Financial Holdings Inc offered to purchase the maker for 4.7 billion dollars.
negotiations were initiated, both signed an agreement of intent, in which Fairfax was willing to purchase it. At the time, the Canadian company goes through due diligence, audit that occurs before a corporate action such as buying and selling.
period the company is not at all favorable. Last month, the company confirmed a loss of almost one billion dollars in the balance of the fiscal second quarter ended in August.
Sources consulted by The Wall Street Journal said, too, that the company will lay off 40% of employees by the end of this year. However, Adam Emery, a spokesman for the company, declined to comment on the case, unless the BlackBerry pass the second phase of its transformation plan, which motivate organizational changes.
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