BlackBerry Just Got A Potential Takeover Offer – What’s Going On?
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Benzinga
Benzinga
BlackBerry Limited (NYSE: BB) stock is trading higher Friday amid reports of a possible takeover offer from private equity firm Veritas Capital, a Carlyle Group (NASDAQ: CG) company. Veritas is interested in acquiring the complete cybersecurity company, Bloomberg cites familiar sources. In May, BlackBerry shared plans to review its portfolio of businesses and consider strategic alternatives to boost shareholder value with other options, including a possible separation of some companies. BlackBerry commands attention for its cybersecurity software and “Internet-of-Things” products that are high…