BlackBerry has yesterday announced that will stop searching for buyer and will fire CEO Thorsten Heins. The result was that BlackBerry’s shared drop more than 16%. The company didn’t explain why did stop searching for buyer for whole company or just parts but BlackBerry’s largest shareholder (10%) said it would invest $1 billion in the company and this investment will solve near-term problems. CEO Thorsten Heins will receive $13.25 million in severance and John Chen (former CEO of Sybase) will serve as interim CEO and executive chairman while Prem Watsa (CEO of Fairfax) will lead the committee that will search for permanent successor to Heins.

 

 

Via: cnn

Comments are closed.