76 Results for

fairfax

Article

BlackBerry CEO out as Fairfax deal hits the rocks

The $4.7 billion deal to take BlackBerry private is dead, and Thorsten Heins is headed for the exit. Now BlackBerry plans to raise $1 billion selling convertible notes to investors.

By November 4, 2013

Article

BlackBerry bid will be financed, Fairfax's Watsa says

After the struggling smartphone maker threw in the towel and announced its plans to go private, the man behind the buyout proposal, Prem Watsa, says he's confident the deal will succeed.

By September 25, 2013

Article

BlackBerry to go private at $9 per share? Not so fast

The buyout offer floated might be replaced with a deal that could come in around $7 per share, according to some analysts.

By October 1, 2013

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BlackBerry to sell off 3M square feet of space in Canada

The sale represents the majority of its real estate holdings in Canada. BlackBerry's not saying how much cash it'll take in from the transaction.

By March 21, 2014

Article

Insider trading bust sparked by LinkedIn connection

LinkedIn has played an unlikely part in uncovering two men allegedly behind a AU$7 million insider trading scandal involving one of Australia's leading banks.

By May 11, 2014

Article

BlackBerry agrees to US$4.7bn buyout

BlackBerry has agreed to a buyout by Toronto-based financial holding company Fairfax Financial Holdings, which owns about 10 per cent of the mobile company's shares.

By September 23, 2013

Article

BlackBerry CEO resigns as buyout deal falls flat

Thorsten Heins will step down as the head of BlackBerry, as the US$4.7 billion buyout from Fairfax Financial Holdings falls through.

By November 4, 2013

Article

Meet Prem Watsa, the man who wants to save BlackBerry

He's been called the Warren Buffett of Canada -- and rightfully so. But will Watsa's golden stuff extend to the battered brand that is now BlackBerry?

By September 23, 2013

Article

BlackBerry to go private in $4.7 billion deal

BlackBerry shareholders would receive $9 a share in the deal offered by a group led by Fairfax Financial Holdings.

By September 23, 2013

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Apple reportedly acquires photo app developer SnappyLabs

One-man company's popular SnappyCam app, which was capable of capturing full-resolution images at 20 to 30 frames per second, has vanished from the iTunes App Store.

By January 4, 2014