BlackBerry Might Survive As Private Company

BlackBerry Might Survive As a Private Company

After months — years, really — of speculation about buyers and shutdowns and sales, BlackBerry appears to have found salvation in the form of a $US4.7 billion takeover. Whether the company lives on from there or is sold for scraps remains anyone's guess.

Under the proposed deal, which will close after due diligence and regulatory approvals, a group of buyers led by Canada's Fairfax Financial Holdings Limited will become BlackBerry's new dad.

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