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- ---- Blackberry Pulls Out Of Sell-Off Plan
engine - 2:22 pm on Nov 4, 2013 (gmt 0)
It's quite incredible how the brand has fallen over such a short period of time, and I really don't know where next for it.
|Blackberry has abandoned a plan to sell itself to its biggest shareholder, Fairfax Financial Holdings. |
Instead, the struggling maker of smartphones intends to raise $1bn (£627m) in fresh financing.
Chief executive Thorsten Heins will step down and former Sybase chief executive John Chen will serve as interim chief executive.Blackberry Pulls Out Of Sell-Off Plan [bbc.co.uk]
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