BlackBerry goes private in $4.7 billion deal

Just days after $1 billion operating loss for the second quarter, BlackBerry has been sold to Fairfax Financial Holdings for $4.7 billion; the latter already owns 10% of the troubled manufacturer. Current shary from the $150 that the stock traded at during 2007-2008 when the company's smartphones were a must-have in the business world.The shares are down 6% on Monday to $8.23...

Source: http://www.phonearena.com/news/BlackBerry-goes-private-in-4.7-billion-deal_id47691

Popular Posts

Related Posts Plugin for WordPress, Blogger...