Fairfax strikes $4.7-billion deal to buy BlackBerry

Re:Fairfax strikes $4.7-billion deal to buy BlackBerry by dirkdk on Monday September 23, 2013 @02:32PM (#6433169)

Blackberry has $2.8 billion in cash in the bank, so price is $1.9 billion. Not bad for a huge set of patents

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Re:Fairfax strikes $4.7-billion deal to buy BlackBerry by jonknee on Monday September 23, 2013 @03:58PM (#6433736)

Not really, that's accounts receivable. They also have $3.4 billion in liabilities.

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Re:Fairfax strikes $4.7-billion deal to buy BlackBerry by kcg on Monday September 23, 2013 @06:41PM (#6434643)

No, as of June 1 the company had $2.8B of cash, cash equivalents AND short-term investments (liquid securities). There's an additional $2.5B of accounts receivable on the balance sheet.

You are correct that BBRY has $3.4B of current liabilities.

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Re:Fairfax strikes $4.7-billion deal to buy BlackBerry by bsullivan01 on Monday September 23, 2013 @03:13PM (#6433467)

If they can stop the bleeding, which I suppose they will if their goal is to chop shop it. They'll fire another 30% and start shopping parts of BB

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Re:Fairfax strikes $4.7-billion deal to buy BlackBerry by jsz0 on Monday September 23, 2013 @04:56PM (#6434101)

First step stop making $1B worth of devices no one wants to buy.

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