Daily Data Flow

Blackberry Receives Buyout Offer

Blackberry Receives Buyout Offer (AllThingsD)

Fairfax Financial, a Canadian private investment firm, has made a firm offer to purchase Blackberry and take it private. The offer is for a total of about $4.7 billion. The company’s strategy going forward will be to “focus on delivering superior and secure enterprise solutions to BlackBerry customers around the world,” according to Fairfax CEO Prem Watsa.

Sign Up
DISQUS COMMENTS

FACEBOOK COMMENTS

Comment with Facebook