Qualcomm in Talks to Join Cerberus and BlackBerry Co-Founders on Possible Bid
Qualcomm Inc. is in talks to join a possible bid for BlackBerry Ltd. that is being spearheaded by two of the beleaguered smartphone maker’s co-founders, according to people familiar with the matter.
Qualcomm is contemplating joining private-equity Cerberus Capital Management LP, which is also in talks to join Mike Lazaridis and Doug Fregin, the BlackBerry co-founders who have said they are considering a bid as part of an auction of the company, which is expected to come to a head with a bid deadline Monday.
