I worked at another Canadian company called Corel back in 2002 that went through a similar takeover. Company with a large cash position relative to the take ove

I worked at another Canadian company called Corel back in 2002 that went through a similar takeover. Company with a large cash position relative to the take over price, taken private by a Fund with the intention of being taken public again in a few years after costs were under control. If that experience was any indication of whats to come then life at BBRY is about to become atlot less fun. When a fund comes in they have a window for which they want to see a return( ie go public again or sell). In such cases any expense that can't be directly traced to adding to the bottom line will be mercilessly cut. Good by Friday afternoon beers, employee sports teams, Christmas parties, bonuses, T-Shirts, etc. The MO for takeovers like this is similar to a house flipper, they aren't looking to do the right thing for the long term, they'd rather do what can be done to make things look good for the next 2-3 years. They understand( or believe) that employees will stick around in the short term( and put up with this stuff) if they believe an IPO is only a few years away. As someone who sits on the other side of the table now at a fund, I've seen it happen from both sides now.