BlackBerry agrees to $4.7b buyout

GMT 17:49 2013 Monday ,23 September

Arab Today, arab today BlackBerry agrees to $4.7b buyout

Arab Today

Struggling Canadian smartphone maker BlackBerry said Monday it has agreed to a buyout by a consortium of investors, for $4.7 billion. The company said it has "signed a letter of intent agreement under which a consortium to be led by Fairfax Financial Holdings Limited has offered to acquire the company subject to due diligence."

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