The largest shareholder of BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) scuttled the potential for a leveraged buyout and says that the social media frenzy is the “sort of speculation will end just like the previous tech boom in 1999 – 2000 – very badly!”
In a letter to investors V. Prem Watsa, chairman and chief executive officer of Fairfax Financial, an investment holding company with over $30 billion in assets under management, detailed the story behind the story.
Offer to take Blackberry private turns into debt deal after all-star due diligence
On September 23, 2013, Fairfax made an offer to...
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