BlackBerry: what about the negotiations with Veritas?







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(Boursier.com) — Negotiations between BlackBerry and Veritas Capital are still in their early stages, according to Bloomberg, citing people familiar with the matter. The agency’s report said that during yesterday’s conference call, BlackBerry CEO John Chen said he saw a better chance that the company’s strategic review would be completed before the expiration of his contract in November, but he did not comment on speculation surrounding Veritas’ purchase of BlackBerry. Last night, BlackBerry published a loss per share of 4 cents for its second fiscal quarter, compared to a consensus of -2 cents and a deficit of 5 cents per share a year earlier. The former star of personal assistants achieved quarterly revenues of $132 million, in line with market expectations, compared to $168 million a year earlier. Remember that the investment group Veritas is considering an offer for BlackBerry, according to recent rumors.


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