The news is out. BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) is planning on being acquired by Fairfax Financial Holdings Ltd (TSE:FFH) (OTCMKTS:FRFHF). The deal will value the company at $9 per share and is reliant on the approval of regulators and due diligence, among other factors. The question for fans of BlackBerry is what Fairfax head Prem Watsa wants to do with the company. BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) expects to sign a deal confirming the acquisition on November 4. Assuming the deal goes through as planned, there will be a lot less news about the company available outside of Fairfax Financial Holdings Ltd…
BlackBerry Ltd (BBRY) Will Not Break On Fairfax Financial Wheel
HFA Staff
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