Fairfax Financial Holdings has agreed to acquire BlackBerry in a deal worth $4.7 billion, both companies announced Monday.
The Toronto-based financial holdings conglomerate has agreed to pay $9 per share for the beleaguered mobile company — a premium of about 9%. Shares of BlackBerry were trading at $8.23 per share before a freeze was initiated.
To read the original article: BlackBerry Acquired for $4.7 Billion
