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View Full Version : Fairfax consortium bids $4.7 billion to take BlackBerry private



Wireless News
09-24-2013, 06:10 AM
http://l3.yimg.com/bt/api/res/1.2/CQTUJ.7DtXcBfHBZYBrVRQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-09-24T095034Z_2_CBRE98M1HQD00_RTROPTP_2_CBUSINESS-US-BLACKBERRY-OFFER-FAIRFAX.JPG (http://news.yahoo.com/fairfax-consortium-bids-4-7-billion-blackberry-private-095034900--sector.html)By Alastair Sharp and Andrea Hopkins TORONTO (Reuters) - Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the on-the-go email pioneer to regroup away from public scrutiny after years of falling fortunes and slumping market share. The $9 a share tentative offer, from a consortium led by property and casualty insurer Fairfax Financial Holdings Ltd, will set a floor for any counteroffers that might emerge for Blackberry, which has been on the block since August. ...



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