Deals
Cerberus Capital Said to Express Interest in BlackBerry
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BlackBerry Ltd., the struggling smartphone maker looking to sell itself, has drawn interest from private-equity firm Cerberus Capital Management LP, according to a person with knowledge of the matter.
Cerberus is looking to sign a confidentiality agreement with BlackBerry that would give it access to additional financial data, said the person, who asked not to be identified because the negotiations are private. Cerberus’s interest in BlackBerry, which may not lead to a bid, was reported earlier by the Wall Street Journal.