BlackBerry sold for parts Posted on Monday, September 23rd, 2013 at 10:37 am. PTWritten by Jim Dalrymple BlackBerry was sold for $4.7 billion or about what Apple made on iPhone sales last weekend. Cuntafucka Wow davebarnes The price seems high to me. In a few months, the share price would likely be down to $5. Why buy the entire company? Why not buy 51% and just screw the minority shareholders? Moeskido Because if you don’t own the whole company, you can’t break it up and sell it all off. His Shadow Pretty much. I think this is going to end Blackberry entirely. Fairfax doesn’t strike me as an organisation that wants to make phones. Joseph Blake Because buying the entire company and taking it private means it’s no longer on the stock market and no longer bound by the rules and regulations of the SEC and whatever the Canadian equivalent is. Moeskido We’ll see. MikeTRose Yep. https://twitter.com/MikeTRose/status/382202171200000000 Blinx182 Thanks. The BGR link wasn’t enough. BongBong LOL! Ouch! Joseph Blake Where does it say it’s being “sold for parts”? It just says that private equity firm is taking it private. Moeskido Do you not know what private equity companies do? Joseph Blake Sometimes they split up companies, sometimes they don’t Sometimes they liquidate companies sometimes they don’t. Moeskido BB is a technology company whose management took almost five years to realize it had been left behind by competitors it didn’t even consider worth paying attention to. Exactly what do you think is going to happen to BB’s assets? Joseph Blake I really have no idea. I was simply commenting on the headline that states BBRY had “been sold for parts” which is not true. It is being sold, intact, to the private equity firm. I’m not a BlackBerry fan or customer or Apple or Loop hater. Simply pointing out an inaccuracy in Jim’s headline. Chill. Moeskido I remain calm. Jim is doing here what he does throughout this site: using colloquial language to interpret events. Joseph Blake It wasn’t a colloquial interpretation. It is wholly incorrect. “Selling it off for parts” means something specific, something that didn’t happen. At any rate it’s not upsetting, and it’s really kind of ridiculous that this discussion has gone on this far so I am finished. See ya. Sigivald Oh, I’d forgotten how hilarious the comments threads were on anything BlackBerry related.Thanks. Winski BEST Blackberry headline of the year…Freddie Mercury would be proud….. ‘Another one bites the dust’…..