ARCHIVE

Blackberry Receives Buyout Offer


Blackberry Receives Buyout Offer (AllThingsD)

Fairfax Financial, a Canadian private investment firm, has made a firm offer to purchase Blackberry and take it private. The offer is for a total of about $4.7 billion. The company’s strategy going forward will be to “focus on delivering superior and secure enterprise solutions to BlackBerry customers around the world,” according to Fairfax CEO Prem Watsa.