BlackBerry sold to shareholder for $4.7b

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Klipspringer

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#130681 24-Sep-2013 08:39

Interesting. Just a few days after they launch and then pull the iphone/android BBM apps.

BlackBerry has agreed to sell itself for $US4.7 billion to a group led by largest shareholder, Fairfax Financial Holdings Ltd. BlackBerry said overnight that a letter of intent has been signed and its shareholders will receive $9 in cash for each share.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11129068

BinaryLimited

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#901665 24-Sep-2013 09:06

thats great news, maybe they can turn it around?

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old3eyes

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#901864 24-Sep-2013 12:49

BinaryLimited: thats great news, maybe they can turn it around?

And what NZ organization did Fairfax own and closes it down?? PC World and co.. I don't hold out much hope for Blackberry apart from Fairfax on selling it..

Regards,

Old3eyes

Klipspringer

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#901874 24-Sep-2013 13:01

old3eyes:
BinaryLimited: thats great news, maybe they can turn it around?

And what NZ organization did Fairfax own and closes it down?? PC World and co.. I don't hold out much hope for Blackberry apart from Fairfax on selling it..

Didn't fairfax buy and sell trademe?

langers1972

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#901877 24-Sep-2013 13:02

Not the same Fairfax

zocster

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#901891 24-Sep-2013 13:26

Yep different, they're into property and insurance mainly

BinaryLimited

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#901904 24-Sep-2013 13:53

old3eyes:
BinaryLimited: thats great news, maybe they can turn it around?

And what NZ organization did Fairfax own and closes it down?? PC World and co.. I don't hold out much hope for Blackberry apart from Fairfax on selling it..

blackberry cant possibly get any worse than it has in the past 3-5years...well i hope not atleast.
funny thing is they support android and ios bbm now...yet somehow, there's NO standalone bbm app for its very own playbook!

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