BBRY has a market cap of ~4B, and 1.5B in cash still. So really they are being picked up for practically nothing.
Edit: Make that 2.6B in cash apparently (as the article says).
Edit: Make that 2.6B in cash apparently (as the article says).
BBRY Market cap today: $4.3 bn
Cash: "about $2.6 bn in cash"
Patents: "estimate [...] between $1 bn and $3 bn"
That leaves not a whole lot of value in the company's other assets after the cash and patents - their personnel, supply chains and branding are valued at almost zero in the market. I'm kind of amazed by that.> BlackBerry is sitting on about $2.6 billion in cash and has no debt,