Breaking: with $4.7 billion offer, Blackberry signed a tentative deal to be acquired by a consortium led by its biggest shareholder.
Following the difficult
launching of BBM, the sales of Q10, Z10, Q5 at half-mast and the massive layoffs underway; BlackBerry,
finally, this Monday signed a tentative deal to be acquired by a consortium led
by its biggest shareholder. The offer comes from a
consortium led by Fairfax
that has offered $9 a share in cash to take BlackBerry private. The group is
seeking financing from Bank of America Merrill Lynch and BMO Capital Markets to
complete the deal.