BlackBerry Founders Bid to Buy Back Struggling Mobile Maker

By Gary Cutlack on at

Mike Lazaridis and Douglas Fregin, who founded and still own a decent chunk of BlackBerry, are considering joining the rest of the tech world in tabling a bid to buy the company.

Lazaridis and Fregin founded BlackBerry (or RIM as it was then known) in 1984, and between them currently own around eight per cent of the company. The pair have filed a document with the US Securities and Exchange Commission registering their interest, which says they're keen on acquiring the rest of the shares on offer and effectively buying back the business they built.

They'll need to outbid Fairfax, which is currently in pole position to buy the company after having an early-doors $4.7bn bid accepted. [Guardian]