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If only they'd have such concerns about a US company acquiring them . . .

Blocking any potential Chinese purchase out of hand is a fantastic way to devalue the company given the way the hardware industry has been moving. There must be smarter ways to handle this.

Actually blocking any potential purchase, not just Chinese ones.
Maybe Lenovo could buy BlackBerry and make ThinkPad type phones. how sick would that be?
Judging from their latest ThinkPad designs, I wouldn't say very much at all. A Lenovo buyout would be the death knell for RI- er, I mean BBRY. The phones would turn into iPhone clones. It would be a disaster.
I don't understand what you are trying to say here? Because Lenovo already makes phones? Endorsed by Kobe Bryant and Ashton Kutcher.
Why aren't Google, Microsoft or Apple interested in Buying BlackBerry? Blackberry should have quite some patents in the mobile space, no? It is sad if companies are bought just for that, but I'm wondering why the big players are not interested in it.
These companies might be interested in the patents but not the company. Apple , Google ,etc don't want another company to run nor do they want the bad press that would come from them completely shuttering a company.
Because if they wait 18 months the price will be much lower.
National security is better served by it going bust?
Because American companies can trust the NSA