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BlackBerry chiefs lose billionaire status

Sarah Frier (SMH) | Sept. 21, 2011
Jim Balsillie and Mike Lazaridis, Research In Motion's largest shareholders and co-chief executive officers, have lost their status as billionaires from the stock this year as it has shed more than half its value.

“Given today's stock action, you'll get more activists going in and seeing what's the strategic direction, and does it make sense,” Jeff Fidacaro, an analyst at Susquehanna International Group in New York, said on Friday in a telephone interview. “Everything is on the table.”

Bloomberg

 

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