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BlackBerry Ltd Considering To Spinoff Of Messaging Service-Reuters

Tuesday, 27 Aug 2013 01:47pm EDT 

Reuters reported that BlackBerry Ltd is considering spinning off its messaging service into a separate unit, the Wall Street Journal said. The subsidiary would be called BBM Inc, the newspaper said. A BlackBerry spokeswoman told Reuters the Company cannot comment on rumor and speculation. However, there is no immediate plan to spin off the unit. 

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0.46 +4.20%
9 Jul 2014