All Posts Tagged Tag: ‘blackberry buyer’

BlackBerry Buyout Fails, Thorsten Heins Ousted

Today BlackBerry announced that the proposed $4.7 billion buyout for the company has fallen through. Today was the final day that a consortium of interested buyers led by Fairfax Financial Holdings Limited had for due dilligence. The consortium has been unable to raise the cash for the proposed sale, and instead will be investing $1 billion in BlackBerry through a …

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BlackBerry Sold? Who’s Buying? Will They Go Private?

In mid August, BlackBerry, the Canadian smartphone company, announced that it was up for sale. The past few years have been difficult for the mobile communications company as they have failed to keep up with the competition from companies like Apple and Samsung. According to The Guardian, a consortium of investors lead by Fairfax Financial have agreed to acquire BlackBerry for …

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