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.