Canadian handset manufacturer BlackBerry Limited ( BBRY ) reported highly disappointing financial results for the second quarter of fiscal 2014. Both the top and the bottom lines significantly fell below the Zacks Consensus Estimate
Struggling Canadian smartphone manufacturer, BlackBerry Ltd ( BBRY ) has finally decided to divest its entire stake to a consortium headed by Toronto based insurance company Fairfax Financial Holdings Ltd for $4.7 billion or $9 per share.
Shares of Blackberry (BBRY, BB) were halted again today after Fairfax Financial (FFH) signed a letter of intent (LOI) to acquire the company for $9 in cash share, which would imply a value of $4.7 billion. Specifically, the letter