Monday, November 04, 2013

BlackBerry bombshell - Fairfax deal dead, CEO out, for-sale sign down

You can't make this stuff up, folks. The Fairfax Financial tentative offer to buy out smartphone maker BlackBerry for $4.7 billion is reportedly dead. CEO Thorsten Heins has been let go. BlackBerry is no longer actively for sale, and will instead try to raise $1 billion in capital.

I've written an article for Yahoo! Canada here: BlackBerry bombshell:
Fairfax walks away, Heins out as CEO
Needless to say, life in Waterloo just became significantly less predictable.

More as I know it. It's going to be an insanely busy day.

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