Cerberus seeks confidentiality agreement with BlackBerry, WSJ says
BlackBerry has drawn interest from Cerberus and other firms specializing in distressed investing, and Cerberus is seeking to sign a confidentiality agreement with the company that would provide access to the handset maker's private financial information, reports The Wall Street Journal, citing people familiar with the matter. Shares of BlackBerry are higher following the report, up 1.8% in early afternoon trading.
BlackBerry has drawn interest from Cerberus and other firms specializing in distressed investing, and Cerberus is seeking to sign a confidentiality agreement with the company that would provide access to the handset maker's private financial information, reports The Wall Street Journal, citing people familiar with the matter. Shares of BlackBerry are higher following the report, up 1.8% in early afternoon trading.
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