WATERLOO, ONTARIO and TORONTO, ONTARIO--(Marketwired - Nov. 4, 2013) - BlackBerry today announced that it has entered into an agreement pursuant to which Fairfax Financial Holdings Limited ("Fairfax") and other institutional investors (collectively, the "Purchasers") will invest in BlackBerry through a U.S. $1 billion private placement of convertible debentures.
Thorsten Heins and David Kerr intend to resign from the Board at closing. In addition, Mr. Heins will step down as Chief Executive Officer at closing and Mr. Chen will serve as Interim Chief Executive Officer pending completion of a search for a new Chief Executive Officer.
In other words: nobody was interested in buying BlackBerry. And Fairfax was unable to raise enough money from investors.
At least one bidder was not approved by the Canadian government.
Volker Weber on Dyson Forte at 18:34
Jason Hook on Dyson Forte at 18:24
Tobias Vogel on Dyson Forte at 15:10
Volker Weber on Dyson Forte at 12:39
Sascha Langfus on Dyson Forte at 12:37
Jörg Hermann on Dyson Forte at 11:52
Manuela Schöder on Dyson Forte at 10:44
Jörg Oyen on Dyson Forte at 10:40
Max Könnings on Six to four at 08:18
Andrew Magerman on Sehr schön in braun at 20:41
Volker Weber on Dyson Forte at 12:48
Ingo Seifert on Dyson Forte at 12:29
Volker Weber on Dyson Forte at 11:58
Ingo Seifert on Dyson Forte at 11:52
Volker Weber on Dyson Forte at 10:32
Volker Weber on Sehr schön in braun at 09:37
Karl Heindel on Sehr schön in braun at 09:14
Sabine Kluge on Dyson Forte at 04:37
Hubert Stettner on Dyson Forte at 22:14
Daniel Haferkorn on So geht Perfektion at 13:40
Dirk Moeller on Sehr schön in braun at 10:47
Volker Weber on Sehr schön in braun at 10:35
Karl Heindel on Sehr schön in braun at 09:57
Bodo Menke on Sehr schön in braun at 09:43
Uwe Papenfuss on Sehr schön in braun at 21:14