Fairfax Financial Company Acquires Blackberry $ 4.7 billion (updated)





Since the duration and Blackberry company experiencing difficulties progress in a world where survival of the fittest, and here today ending her career purchased the company Fairfax Financial and $ 4.7 billion, and shareholders will receive in the BlackBerry company at $ 9 per share.


The company so far has not sold uncertain, which means that there is an opportunity to reject Blackberry to view submitted them, but this may be minimal and in particular that the process of acquisition reached the last stages, called the Diligence Period and the period during which begins with the two parties to negotiate on the terms of the deal, is expected to ending on the fourth of November, with the knowledge that both companies have agreed to all the terms of the negotiation, which means that after two weeks you will know the final speech on Blackberry.

The head of the company Fairfax Financial: “We believe that this transaction will open a new chapter especially for a company BlackBerry and its customers, while we follow the implementation of the long-term strategy of the company, with a focus on providing enterprise solutions distinctive and safe company Blackberry and customers all over the world.”

bbm , BlackBerry , Fairfax Financial

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