BlackBerry Ltd, which recently concluded a $1 billion convertible debt offering, said it has agreed with its debtholders to extend an option deadline attached to the deal, giving potential investors a chance to buy up to a further $250 million in convertible debt.
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Canadian smartphone maker BlackBerry is looking at options that could include joint ventures, partnerships or a sale of the company as it struggles to survive against stiff competition.
Canadian smartphone maker BlackBerry, struggling to compete in a difficult market, has set up a committee to look at options, including joint ventures, partnerships or a sale of the company.
BlackBerry Ltd has laid off about 250 of its employees at its headquarters in Waterloo, Ontario, as part of its latest move to trim costs, the smartphone maker said on Thursday.
