It makes sense that the RIM Board of Directors would want to take the hit and settle a few law suits before taking the company private.
(Reuters) - BlackBerry Ltd is warming up to the possibility of going private, as the smartphone maker battles to revive its fortunes, several sources familiar with the situation said.
Chief Executive Thorsten Heins and the company's board is increasingly coming around to the idea that taking BlackBerry private would give them breathing room to fix its problems out of the public eye, the sources said
Best to all,
Wheels