Fairfax

The 4.7b Dollar Blackberry Deal

BlackberryInvertedLogoYesterday we reported on the woes of Blackberry. There was also speculation that Blackberry would be up for bid to try and save the struggling mobile company from sinking into oblivion. Today Blackberry announced a Letter of Intent led by Fairfax Financial, who already owned some of Blackberry. Below is an excerpt from the Blackberry press release.

Read more…