Fairfax to Buy BlackBerry for $4.7 Billion

Associated Press
September 23, 2013 AT 4:13 PM
BlackBerry has agreed to sell itself for $4.7 billion to a group led by largest shareholder, Fairfax Financial Holdings Ltd. BlackBerry said that a letter of intent has been signed and its shareholders will receive $9 in cash for each share. (Sept. 24)