Wireless News
11-04-2013, 10:28 AM
http://l.yimg.com/bt/api/res/1.2/c_l1hQAm.C7TSQ_ObKx8lw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/d71a008ccba27a215b96cc11b25a7f3d89f9e3f9.jpg (http://news.yahoo.com/blackberry-chief-heins-sale-abandoned-140724672.html)BlackBerry on Monday abandoned hopes of finding a buyer, and instead pegged its future on a $1 billion cash infusion and new management, after the departure of its chief executive. The Waterloo, Ontario-based company's announcement comes nearly three months after its largest shareholder Fairfax Financial offered to buy the rest of the business and take it private. Fairfax instead announced it will invest $1 billion in a private placement, and Fairfax chief Prem Watsa will be lead director. CEO Thorsten Heins will step down, and will be replaced on an interim basis by John Chen, a statement said.
More... (http://news.yahoo.com/blackberry-chief-heins-sale-abandoned-140724672.html)
More... (http://news.yahoo.com/blackberry-chief-heins-sale-abandoned-140724672.html)