4 ms·
>> The board turns down an $825M offer because they feel it is their duty, given they expect the company is worth more than that. I remember when Blackberry w
by at-fates-hands 11y ago
>> The board turns down an $825M offer because they feel it is their duty, given they expect the company is worth more than that.
I remember when Blackberry was in its patent fight with NTP and they made them some insane offer and NTP turned them down, much to the shock of Blackberry. I remember one of the Blackberry lawyers saying, "I'm not sure what they're waiting for, the offer we gave them would give every employee of the company $40 million dollars."
It was a total PR stunt to show the company's employees they were getting screwed by the owners.