Blackberry Isn't Going to Sell Itself After All

[Wireless News]

http://l1.yimg.com/bt/api/res/1.2/1CjJPbDGrBMgwSr1vVJOZA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/theatlanticwire/Blackberry_Isn_t_Going_to_Sell-b9a021177bce65c5708fdb70fadad585 (http://news.yahoo.com/blackberry-isnt-going-sell-itself-145059413.html)Blackberry's end times are apparently delayed: a sale is off the table, and the new plan is to raise $1 billion in new funds and find a new CEO.- Until today, Fairfax Financial was all set to buy the embattled Canadian mobile giant for bargain bin prices. Blackberry filed a "letter of intent" to sell itself to Fairfax in September for the low, low price of $9 per share. The sale was announced the week after Blackberry laid off 40 percent of its employees-and announced billion dollar losses.-Fairfax had until today to finish reviewing Blackberry's books — and now the sale is off.



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