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View Full Version : BlackBerry could pay $250 million break fee in event of better offer - filing



Wireless News
11-07-2013, 06:24 PM
http://l2.yimg.com/bt/api/res/1.2/oUj5u7pqTwAmvNDlubDGKw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-11-07T222338Z_1_CBRE9A61Q8K00_RTROPTP_2_BLACKBERRY-OFFER-FAIRFAX.JPG (http://news.yahoo.com/blackberry-could-pay-250-million-break-fee-event-222338613--sector.html)TORONTO (Reuters) - BlackBerry Ltd will pay up to $250 million to a group of debtors including Prem Watsa's Fairfax Financial Holdings if another deal succeeds, according to a regulatory filing on Thursday detailing the debt deal. The filing also showed that incoming interim chief executive and executive chairman John Chen will receive a base salary of $1 million. Chen will also receive 13 million restricted stock units, with half of them vesting only after five years with the company. ...



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