Fairfax ups investment in troubled BlackBerry Fairfax Financial ups investment in troubled BlackBerry
TORONTO (AP) — Fairfax Financial Holdings said Wednesday it is buying another $250 million of convertible debt in BlackBerry in what Fairfax says is...
Jan 8 2014, 5:41pm CST
BlackBerry Co-Founder Ends Takeover Bid, Sells Off Shares BlackBerry’s rare good week has come to an end.
Michael Lazaridis, co-founder and former CEO of the embattled cellphone maker, officially ended his exploration of a takeover bid while cutting his stake to 4.99% of...
Dec 26 2013, 10:21am CST
Blackberry refuses to be sold in pieces After offering to be sold and looking for potential buyers, the BlackBerry board has recently backed off from offers given by companies like Apple, Microsoft, and Lenovo. According to Reuters, Apple and Microsoft have mostly been interested in buying the patents and the intellectual properties of BlackBerry.
Nov 26 2013, 4:42am CST
BlackBerry-Fairfax Deal Ends, Replaces Thorsten Heins Rather then get sold on the auctioneer’s block, BlackBerry is planning on $1 billion fundraising effort and replacing its CEO Thorsten Heins too. This will mean the end of the BlackBerry-Fairfax deal.
Nov 4 2013, 9:09am CST
BlackBerry can be Lenovo’s treasure Keeping in mind the legacy of BlackBerry, there are many potential bidders who express their interest to buy the company.
Oct 21 2013, 10:01am CDT
Apple Looks to Hire BlackBerry Employees in Waterloo The fall of BlackBerry is inevitable. However, Apple is looking forward to profiting from this demise of the once-famous company. It wants to employ the staff that will be laid off by BlackBerry.
Oct 11 2013, 3:39am CDT
BlackBerry is Looking for a Breakup BlackBerry is down on its luck and weighing its options. It is almost convinced of the feasibility of a breakup. This would be how those who get its various assets would want it to be.
Oct 10 2013, 7:14am CDT
BlackBerry Cancels Earnings Call of September 27 BlackBerry has canceled its second quarter earnings conference call and webcast scheduled for Friday, September 27 due to previously announced 4.7 billion Fairfax's buyout offer.
Sep 26 2013, 2:13am CDT
Why Fairfax's Prem Watsa Wants to Buy BlackBerry for $4.7 Billion? The company known to give the ailment “BlackBerry Thumb” to its addicts is today itself suffering from a malady of sorts. BlackBerry has been signed a letter of intent agreement with Fairfax for $4.7 billion on Monday after its failure in the global competitive environment.
Sep 24 2013, 8:16am CDT
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