BlackBerry (NASDAQ: BBRY ) , shares are still trading at a level lower than Fairfax Financial's buyout price of $9.00 per share. Recently, BlackBerry co-founder Mike Lazaridis announced he is exploring a possible joint bid for the company.
Fairfax Financial's offer to BlackBerry is tentative, and BlackBerry has the right to solicit itself to others in the interim. During this "go-shop" process, BlackBerry has the ability to test the waters to see if there are better alternatives to Fairfax Financial's $4.7 billion offer.
Reports are that some companies are interested, but they are much more interested in purchasing pieces of BlackBerry rather than the full company. However, what would potential bidders see in BlackBerry? Also, with other companies only interested in parts of BlackBerry, what are BlackBerry's larger business segments worth?
Finally, what's the hidden risk to BlackBerry's valuation that all investors should be aware of?
In today's segment of Tech Teardown, Quick Minute, Jamal Carnette gives you a quick overview of what all BlackBerry investors should know.
Time to put that BlackBerry money to work!
Are you about to sell BlackBerry and now you're looking for growth? Tired of watching your stocks creep up year after year at a glacial pace? Motley Fool co-founder David Gardner, founder of the No. 1 growth stock newsletter in the world, has developed a unique strategy for uncovering truly wealth-changing stock picks. And he wants to share it, along with a few of his favorite growth stock superstars, WITH YOU! It's a special 100% FREE report called "6 Picks for Ultimate Growth." So stop settling for index-hugging gains... and click HERE for instant access to a whole new game plan of stock picks to help power your portfolio.