Cerberus can bid for BlackBerry, says WSJ - veja.com

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Reporting newspaper The Wall Street Journal on Wednesday found that Cerberus would be interested in acquiring a stake in the maker of BlackBerry smartphones. Cerberus is a management company that specializes in buying assets of troubled companies.

According

WSJ , Cerberus plans to sign a confidentiality agreement with the BlackBerry that would allow the company to have access to private financial information to eventually formulate a proposal by the company. According to the report, there is still no certainty about an offer of investment management.

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few weeks ago, the Fairfax Financial Holdings Inc made a proposal for a $ 4.7 billion for delisting the BlackBerry and take control.

In this Wednesday trading after the report from WSJ, BlackBerry’s shares rose more than 1%, reversing a 5% decline recorded earlier in the session. The paper quoted at $ 8 in the early afternoon, still well below the range of $ 9 per share made by Fairfax.

Both Fairfax

as BlackBerry refused to comment on the report. “We do not intend to disclose the progress of the process until we approve a specific transaction or a review of strategic alternatives,” said a spokesman for the BlackBerry.

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(With Reuters)