BlackBerry shares slip after former CEO Balsillie sells stake
TORONTO (Reuters) – Shares of Blackberry slipped on Thursday, after the company’s former Co-Chief Executive Officer Jim Balsillie disclosed that he had sold his once-sizable stake in the embattled smartphone maker. In a regulatory filing on Thursday, Balsillie said that by the end of last year he had sold his entire stake in the company. Balsillie, who stepped down as CEO a year ago, owned about 26. 8 million shares, or a roughly 5 percent stake in the company, as of December 31, 2011. Shares of BlackBerry were down 3. 4 percent at $13. . . .
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