Prem Watsa's Fairfax Financial Holdings Ltd (OTCMKTS:FRFHF) (TSE:FFH) is planning on taking BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) private at $9 per share according to a deal announced yesterday. A new report from National Bank Financial suggests that the company's shareholders should be very happy. BlackBerry was going extinct without the move.
According to Kris Thompson, who authored the NBF report, BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) "is likely headed towards extinction following its current roadmap." He suggested that shareholders should be "very happy" that their money has been saved, even if shares have...
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