BlackBerryOS.com - Dan Loeb Buys 2% Stake In BlackBerry
  • Dan Loeb Buys 2% Stake In BlackBerry


    Billionaire Dan Loeb, who runs the hedge fund Third Point, LLC made an interesting buy recently. His purchase of 2% of BlackBerry Stock raised some eyebrows as his hedge fund isn't considered an "activist" fund (one that tries to force management and board changes), he has in the past moved to cause change in some companies he has invested in.

    Loeb, along with his buy of BlackBerry stock also purchased 1% of T-Mobile stock and 100,000 shares of Apple. But, what does this mean in the whole realm of BlackBerry, LTD? Does Loeb intend to try and flex some muscle and have a say in the corporate manager or "C" level structure? Or does he see BlackBerry as a good investment as the stock has gone up recently in the past six months from a low of near $5 to a pre-market price of $9.34 (as of this writing).

    Tell us what you think of this purchase and what it means for BlackBerry in the comments below.

    Source: Financial Post
    Photo: Bloomberg


    comments powered by Disqus
  • Sponsored Ad

  • Recent Comments

  • Most Commented

    The most commented articles on BlackBerryOS over the past 24 hours.
  • Recent Forum Posts

    marshel

    new thread

    Hi! I am Sacharsmith. I am the new member of this forum. I hane a good knowledge of the blackberry os. I have also stuff on yhe otherdevices of the hp.

    marshel 01-28-2015, 05:24 AM Go to last post
    tanphat1412

    [FREE][Native] Pocket Doctor - All about Health and Medical

    FEATURES:
    . Medical Health Encyclopedia: A-Z listings of medical conditions.
    . Symptoms analyzer: a disease diagnosis by body area.

    tanphat1412 01-27-2015, 07:57 AM Go to last post
    Altijdzwart

    i need some help in a specific case!!

    Any luck with the new clean install?

    Altijdzwart 01-26-2015, 03:45 AM Go to last post
    h0feer

    i need some help in a specific case!!

    hi to everyone,


    I'm using one blackberry bold 9900, and i have some troubles with internet connection,


    i tried

    h0feer 01-25-2015, 07:41 PM Go to last post
    tolka

    Awesome

    There are plenty of apps, but I think that the "Big Names" are holding back until the launch.......!!!!!!!!!!!!

    tolka 01-24-2015, 05:58 AM Go to last post
  • Sponsored Ad