What price?-To The Moon - Tiger Brokers Online Investing Community - To The Moon

5
Comment
Favorite

Slayer888
2023-08-27

What price?

Private Equity Firm Veritas Makes Takeover Offer for BlackBerry, Source Says

Aug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd, according to a person familiar with the matter, months after the Canadian technology company began a str

Private Equity Firm Veritas Makes Takeover Offer for BlackBerry, Source Says

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

5

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":213224448467080,"tweetId":"213224448467080","gmtCreate":1693096590083,"gmtModify":1693096596262,"author":{"id":3581584102044175,"authorId":3581584102044175,"authorIdStr":"3581584102044175","name":"Slayer888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>What price?</p></body></html>","htmlText":"<html><head></head><body><p>What price?</p></body></html>","text":"What price?","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/213224448467080","repostId":1147325819,"repostType":4,"repost":{"id":"1147325819","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1693008164,"share":"https://www.laohu8.com/m/news/1147325819?lang=&edition=full","pubTime":"2023-08-26 08:02","market":"us","language":"en","title":"Private Equity Firm Veritas Makes Takeover Offer for BlackBerry, Source Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1147325819","media":"Reuters","summary":"Aug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd, according to a person familiar with the matter, months after the Canadian technology company began a str","content":"<html><head></head><body><p>Aug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd, according to a person familiar with the matter, months after the Canadian technology company began a strategic review.</p><p style=\"text-align: start;\">U.S-listed shares of BlackBerry, which rose about 18% on the news, closed at $5.23, giving the company a market capitalization of $3.1 billion.</p><p style=\"text-align: start;\">Details of the offer could not be learned. Veritas and Blackberry did not immediately respond to Reuters requests for comment.</p><p>Veritas has made an offer for the entire company, the source said, adding that BlackBerry is also in talks with other potential buyers.</p><p style=\"text-align: start;\">BlackBerry had said in May it would consider strategic options for its portfolio of businesses that could include the possible separation of one or more of its businesses.</p><p style=\"text-align: start;\">Founded in 1984, the company currently makes software for cars and cybersecurity. It became popular for its ubiquitous business smartphones, toted by executives, politicians and legions of fans in the early 2000s.</p><p>It pulled the plug on its smartphones business last year and has since been trying to sell its legacy patents related to its mobile devices.</p><p style=\"text-align: start;\">In May, BlackBerry said it will continue with the previously announced sale of the patents related to its mobile devices to Malikie Innovations Limited for up to $900 million. A prior deal to sell those patents to Catapult IP Innovations Inc for $600 million fell through as it took longer than usual to close.</p><p>In 2016, BlackBerry said it would no longer manufacture its classic smartphones. Since then, the firm has been attempting to remake itself as a provider of high-end software.</p><p style=\"text-align: start;\">BlackBerry operates two primary businesses - one focused on cybersecurity software, while the other makes &#34;Internet-of-Things&#34; products. Veritas Capital is a technology investor that primarily buys and invests in companies that provide government-focused tools and services.</p><p style=\"text-align: start;\">Morgan Stanley and Perella Weinberg Partners are acting as financial advisors to BlackBerry for the strategic review.</p><p style=\"text-align: start;\">Bloomberg News reported the talks between Veritas and BlackBerry earlier on Friday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Private Equity Firm Veritas Makes Takeover Offer for BlackBerry, Source Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPrivate Equity Firm Veritas Makes Takeover Offer for BlackBerry, Source Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-08-26 08:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd, according to a person familiar with the matter, months after the Canadian technology company began a strategic review.</p><p style=\"text-align: start;\">U.S-listed shares of BlackBerry, which rose about 18% on the news, closed at $5.23, giving the company a market capitalization of $3.1 billion.</p><p style=\"text-align: start;\">Details of the offer could not be learned. Veritas and Blackberry did not immediately respond to Reuters requests for comment.</p><p>Veritas has made an offer for the entire company, the source said, adding that BlackBerry is also in talks with other potential buyers.</p><p style=\"text-align: start;\">BlackBerry had said in May it would consider strategic options for its portfolio of businesses that could include the possible separation of one or more of its businesses.</p><p style=\"text-align: start;\">Founded in 1984, the company currently makes software for cars and cybersecurity. It became popular for its ubiquitous business smartphones, toted by executives, politicians and legions of fans in the early 2000s.</p><p>It pulled the plug on its smartphones business last year and has since been trying to sell its legacy patents related to its mobile devices.</p><p style=\"text-align: start;\">In May, BlackBerry said it will continue with the previously announced sale of the patents related to its mobile devices to Malikie Innovations Limited for up to $900 million. A prior deal to sell those patents to Catapult IP Innovations Inc for $600 million fell through as it took longer than usual to close.</p><p>In 2016, BlackBerry said it would no longer manufacture its classic smartphones. Since then, the firm has been attempting to remake itself as a provider of high-end software.</p><p style=\"text-align: start;\">BlackBerry operates two primary businesses - one focused on cybersecurity software, while the other makes &#34;Internet-of-Things&#34; products. Veritas Capital is a technology investor that primarily buys and invests in companies that provide government-focused tools and services.</p><p style=\"text-align: start;\">Morgan Stanley and Perella Weinberg Partners are acting as financial advisors to BlackBerry for the strategic review.</p><p style=\"text-align: start;\">Bloomberg News reported the talks between Veritas and BlackBerry earlier on Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147325819","content_text":"Aug 25 (Reuters) - Private equity firm Veritas Capital has made an offer to buy BlackBerry Ltd, according to a person familiar with the matter, months after the Canadian technology company began a strategic review.U.S-listed shares of BlackBerry, which rose about 18% on the news, closed at $5.23, giving the company a market capitalization of $3.1 billion.Details of the offer could not be learned. Veritas and Blackberry did not immediately respond to Reuters requests for comment.Veritas has made an offer for the entire company, the source said, adding that BlackBerry is also in talks with other potential buyers.BlackBerry had said in May it would consider strategic options for its portfolio of businesses that could include the possible separation of one or more of its businesses.Founded in 1984, the company currently makes software for cars and cybersecurity. It became popular for its ubiquitous business smartphones, toted by executives, politicians and legions of fans in the early 2000s.It pulled the plug on its smartphones business last year and has since been trying to sell its legacy patents related to its mobile devices.In May, BlackBerry said it will continue with the previously announced sale of the patents related to its mobile devices to Malikie Innovations Limited for up to $900 million. A prior deal to sell those patents to Catapult IP Innovations Inc for $600 million fell through as it took longer than usual to close.In 2016, BlackBerry said it would no longer manufacture its classic smartphones. Since then, the firm has been attempting to remake itself as a provider of high-end software.BlackBerry operates two primary businesses - one focused on cybersecurity software, while the other makes \"Internet-of-Things\" products. Veritas Capital is a technology investor that primarily buys and invests in companies that provide government-focused tools and services.Morgan Stanley and Perella Weinberg Partners are acting as financial advisors to BlackBerry for the strategic review.Bloomberg News reported the talks between Veritas and BlackBerry earlier on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}