Mike Lazaridis Received Million Dollars from Blackberry Shares Sale

Mike Lazaridis has received 26 million dollars in the form of shares from BlackBerry. He had reduced the overall stake of his newly formed Smartphone Company. He filed different documents on Tuesday to display numbered company registered in the city of Ontario and completely controlled by the help of Lazaridis. Since Monday, he is responsible for selling of 3.5 millions of shares in the Blackberry. See more about this on onenewspage.

Both of these transactions have taken the stake of Mike to lower than 5 percent of the BlackBerry i.e. the threshold, in which regulators have to give reports about any of the future selling of shares within the company. First sale of the company has made on Monday, where 3.17 millions of shares were sold that too at an average amount equal to 7.55 dollars over the open market. After this, second transaction has taken place on the day of Christmas Eve, where same numbered company had sold 333,107 shares at the average rate equal to dollar 7.63.

Douglas Fregin, fellow co-founder of the company with one of the global achievers named Mike Lazaridis is responsible for establishment of the Research in Motion, which have later on become the company of BlackBerry. In conclusion, the complete transaction has reaped at the value equal to 26.5 millions of dollars. People have made both of these sales with the help of 1258701 Ontario Ltd. This is actually an investment holding association, whose working is based on documents obtained from American Exchange Commission and Securities Group. In the month of October, company lead by this business tycoon had remained a part of the efforts by founders of the Blackberry Company named Doug Fregin and Lazaridis for submission of the bids of Blackberry at the Ontario based company named Waterloo.

Stewart McIntyre Highlighted Sale of its Newest Yachts

Stewart McIntyre, owner of Sunseeker Yacht maker Company in United Kingdom has recently highlighted about his catering towards many new waves of earning million of dollars. McIntyre has recently served himself as the last flag bearers of a dominant marine sector of Britain. This sector has successfully enjoyed an attractive moment at the popular London Boat Show by following the closure of Portsmouth shipyard by BAE.  

   

Former owner of ‘Formula One’ is taking the final delivery of latest yacht designed by the famous yacht manufacturer of UK. Reports related to the complete transaction process have unveiled that F1 boss is planning to acquire new model of 155 feet i.e. the largest Poole-based shipping yard. Furthermore, this new marine vehicle will include all exclusive features, as travelers have found in popular yachts designed by following the concepts of a leading business personality named Bebo Kobo. 

Indeed, acquisition of yacht will give excellent opportunity to Stewart and his company to earn a big amount worth £25m. However, Sunseeker’s owner had refused to speculate about the price to give his major concern on discretion within the industry of luxury goods. Stewart commented, "Wealthy people want only the new things and the latest things. In 2013 we had the largest number of new models and refreshed models we've ever done." He said the company can achieve success in the marine industry by the efforts and valuable contribution of his professional designers of marine vehicles located in different UK cities. 

After this, boat making company of United Kingdom has launched its achievement in the form of a 130 feet craft comprises of cabins for 12 different guests, separate compartments to accommodate 7 crews, 6 different industrial freezers and 12 bathrooms. Professionals of the Yacht Company have sold this boat to another famous personality located in the southern part of France. Other than this, on the first day of the show itself, Sunseeker’s owner sells the boat of £3m straight forward to the stand of his organization.