Report: BlackBerry Asked Facebook For An Acquisition Offer

Posted Oct 30, 2013

Executives at BlackBerry reportedly met with Facebook last week to see if the social network had any interest in buying out the mobile company, according to The Wall Street Journal.  Likely Facebook is not interested in buying out the struggling smartphone manufacturer, but the social network has been looking at ways of getting creative to crack the mobile market with their own mobile operating system.

BlackBerry has been considering alternative deals to the $4.7 billion offer from Fairfax Financial.  The due diligence of this deal is ending soon and Fairfax has until November 4th to finalize the financing.

[Source: WSJ]