Most of 300 affected employees work as technical support representatives
A foreign takeover of BlackBerry would face review under the Investment Canada Act to ensure it’s a net benefit to the country and passes a national security test.
Company will have eliminated more than 7,000 employees since 2011 after current round of layoffs
Reuters reported struggling device maker in talks with Cisco, Google and SAP about possible deals
Common for companies with big losses to seek and receive tax refunds
One analyst suggests deal could be worth $3.7-billion—$1-billion less than offered by Fairfax Financial
Jabil Circuit CEO said firm reconsidering how much BlackBerry will contribute to 2014 financial results
Smartphone maker’s market share used to hover around 40 per cent
Letter of intent has been signed and its shareholders will receive $9 in cash for each share.
Device maker also announced anticipated net operating loss in neighbourhood of $950-million