- BlackBerry (BBRY) plans to unload the majority of its Canadian real estate holdings via sale-leaseback and vacant asset sale transactions. The properties being sold feature 3M+ sq. feet of space. (PR)
- CEO John Chen says BlackBerry "remains committed to being headquartered in Waterloo and having a strong presence in Canada along with other global hubs." Following its huge job cuts, the company needs much less office space than it once did.
- Shares are adding to the gains they saw in regular trading following the DoD's vote of confidence.
BlackBerry selling 3M+ sq. feet of real estate, shares +4.1% AH
Jan 21 2014, 17:04 ET