Wireless News
09-23-2013, 01:50 PM
(Reuters) - A consortium led by Fairfax Financial has offered to buy Blackberry Ltd for $4.7 billion, tossing the struggling Canadian smartphone maker a lifeline as it continues to bleed market share. Commentary: COLIN GILLIS, ANALYST, BGC PARTNERS "This is a take-under but at least they got one bid. "This is a company that needs to go private if they have any chance. They'd be able to restructure outside of the public eye, take a long term view, and run the company at break even. "It's better than being broken up into pieces. "But this is conditional on financing. This is not a done deal. ...
More... (http://news.yahoo.com/instant-view-fairfax-led-consortium-offers-4-7-175239068--finance.html)
More... (http://news.yahoo.com/instant-view-fairfax-led-consortium-offers-4-7-175239068--finance.html)