BlackBerry Decides to Sell to Fairfax for $4.7 Billion

Fairfax Financial Holdings has offered to buy BlackBerry for $4.7 Billion, which amounts to $9 a share. Fairfax, already a major shareholder of BlackBerry with a 10 percent stake, will be conducting due diligence until Nov. 4, during which time BlackBerry is permitted to “actively solicit, receive, evaluate and potentially enter into negotiations with parties […]