Blackberry has closed. It's debt of about $1b. Who's going to buy and bailout it?

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I haven't seen any news that Blackberry has "closed." That isn't far around the corner but for now it's still an operating company. The $1 billion in debt is not that bad, in looking at the stock just now to answer you, I saw they are expecting a $500 million tax refund from Uncle Sam, so that's half right there. They have supposedly cut costs to avoid future losses assuming their sales don't tank even more, which is not a safe assumption.


The problem with a buyer is that MSFT is no longer interested (they bought Nokia) and there really isn't anyone else it is a great strategic fit for. If I had to bet, I'd say they will hang on for a few more years and then close up shop.

Blackberry has closed. It's debt of about $1b. Who's going to buy and bailout it?