Once upon a time, Blackberry was the number one producer of
smartphones in the United States. Unfortunately, however, that time has passed;
after undergoing an audit and simply falling in popularity, the company has
found itself in financial hot water. Luckily for it, however, there is another
company—Fairfax Financial—that is reportedly willing to pay $4.7bn to acquire
the company. Fairfax, which is based in Canada, is not new to dealing with Blackberry.
The firm already owns around 10% of Blackberry and now wants to work with other
buyers to own the company for an estimated $9 per share.
If the deal goes through, what would this mean for
Blackberry? Well, the change would turn Blackberry into a private company and
would remove its public Nasdaq listing. Really, though, this might not be such
a bad thing for a company whose stocks have been falling at an alarming rate.
Don’t let audits or other
happenings put your business in the same state as Blackberry. Protect your
business, your investments, and yourself by working with Susan S. Lewis, Ltd.
in Naperville. #Naperville Audits
