Struggling BlackBerry to Go Private

Sections: Cellphones, Mobile, Smartphones

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It’s been a tough couple years for BlackBerry, whose eponymous products have been steadily losing market share to iPhone and Droid. Just minutes ago, the Wall Street Journal reported that the struggling smartphone maker has “struck a preliminary deal in which a group led by a former board member will take the company private for about $4.7 billion.”

We’ll be watching to see what impact this development would have on BlackBerry customers.

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