Microsoft's deal to take over Nokia's devices business revived optimism that BlackBerry can also unearth a willing buyer.
BlackBerry's board hopes to run a "fast" auction process that could result in a sale of the company by November, the Wall Street Journal said, citing people familiar with the matter on Wednesday.
A special committee of board members has narrowed its list of potential bidders since the company put itself up for sale in August, and is now pushing for quick resolution, the newspaper said.
Microsoft's deal to take over Nokia's devices business revived optimism that the smartphone maker, which is bleeding market share to Apple and Samsung Electronics, can also unearth a willing buyer. Its shares closed up 5.3 per cent on the Nasdaq and 5 per cent in Toronto on Wednesday.
BlackBerry declined to comment on rumor and speculation.
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