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BlackBerry said it would continue a search for a possibly better suitor in the interim.
BlackBerry stock was down six percent to $8.23 before trading was halted just prior to its announcement.
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BlackBerry
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Boston University professor N. Venkat Venkatraman said the company could attract firms like IBM, HP or Dell if it focused on business communications not private consumers.
The company's sustainability, however, would still remain in doubt.
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BlackBerry
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