Struggling BlackBerry eyes sale

BLACKBERRY TROUBLES. Blackberry is looking into strategic alternatives due to financial woes, including BlackBerry's possible sale.

Smartphone maker BlackBerry said Monday it is examining “strategic alternatives,” which could involve putting itself up for sale. The Canadian firm said it had formed a committee to consider “possible joint ventures, strategic partnerships or alliances, a sale of the company or other possible transactions.” The announcement comes with BlackBerry marginalized in a smartphone market dominated by makers using the Google Android operating system and by Apple’s iPhone. Some analysts said prospects look grim for the smartphone pioneer.

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