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BlackBerry considering options

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BlackBerry shares are up with news the company is reviewing its “strategic alternatives”, including the possibility of selling the company.

The company says the review could also result in BlackBerry forming strategic partnerships.

The announcement comes amid unconfirmed reports the company is considering going private. Going private would mean one or more investors buying out other BlackBerry shareholders.

Prem Watsa of Fairfax Financial, one of BlackBerry’s key shareholders has already resigned his seat on the board due to a potential conflict of interest.

Video: Marvin Ryder of the DeGroote School of Business comments:

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