Cerberus investment fund eyes BlackBerry bid: source | Bangkok Post: news

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Cerberus investment fund eyes BlackBerry bid: source

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The private equity firm Cerberus Capital Management is interested in a bid for troubled Canadian smartphone maker BlackBerry, a source familiar with the matter said Wednesday. 

The New York headquarters of Cerberus Capital Management, a private equity group on May 15, 2007

The source indicated that the big investment group was preparing to sign a confidentiality agreement to examine BlackBerry's finances for a possible counter-offer to a $4.7 billion buyout plan agreed last month.

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