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Fairfax group signs $4.7B deal to buy BlackBerry

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TORONTO — BlackBerry Ltd. (TSX:BB) says it has signed a deal to be bought by a consortium led by its largest shareholder in a deal valued at U$4.7 billion.

 

The consortium led by Fairfax Financial Holdings. Ltd. (TSX:FFH) has offered US$9 per share in cash for the smartphone maker.

 

Fairfax group signs $4.7B deal to buy BlackBerry

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