BlackBerry, the embattled Canada-based handset maker, today finally called a spade a spade. The company halted trading in its shares to announce what some might argue was inevitable: the company says it is now exploring strategic alternatives, including a possible sale or JV or other partnership. A committee chaired by Timothy Dattels and including CEO Thorsten Heins, along with Barbara Stymiest, Richard Lynch and Bert Nordberg, has been formed to look for alternatives.
Dell bought his company back from shareholders, now its BlackBerry’s turn. Hopefully, this can be a suitable solution.