BlackBerry Shares Halted, News Pending
Aug 12, 2013, 17:15 IST
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Just last week, Reuters reported that BlackBerry management was looking into taking the company private.
Chief Executive Thorsten Heins and the company's board is increasingly coming around to the idea that taking BlackBerry private would give them breathing room to fix its problems out of the public eye, the sources said.
"There is a change of tone on the board," one of the sources said on Thursday.
Despite offering new products, BlackBerry has struggled to compete with other players in the smartphone market including Apple and Samsung.
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Shares of BBRY are down 17% since the beginning of the year.