Former CEO Lazaridis Weighing Bid for BlackBerry

Posted by at 1:12 pm on October 10, 2013

Founder and former co-CEO of BlackBerry, Mike Lazaridis, has indicated interest in buying the beleaguered smartphone maker.

Lazaridis has increased his stake in the company from 5.7% to 8% this year. According to a security filing, Lazaridis has asked Goldman Sachs and Centerview Partners to review his stake and a possible bid.

BlackBerry is currently weighing strategic alternatives and already has a $4.7 billion offer on the table from Fairfax Financial Holdings.

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