One can hope Microsoft (MSFT), Google (GOOG), or even Yahoo! (YHOO) steps up and does for BlackBerry's shareholders what Heins doesn't appear able to do on his own -- get a fair value for the company.
Maybe there's another reason why Heins isn't highly motivated to slug it out through another holiday season -- 55 million reasons to be exact. . It shouldn't come as a surprise, I wrote here and here that Heins was brought in for a quick sale, and his compensation was built to motivate him to find a buyer.
Not only did Heins take much longer than I expected, if the best he can get is $9 a share, then only top management are winners in the deal. BlackBerry may not know how to make a smartphone that sells, but it appears it still knows how to make golden parachutes.
At the time of publication the author had no position in any of the stocks mentioned.Follow @RobertWeinstein This article was written by an independent contributor, separate from TheStreet's regular news coverage.
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