BlackBerry shares dive 15% after abandons company sale

GMT 14:48 2013 Monday ,04 November

Arab Today, arab today BlackBerry shares dive 15% after abandons company sale

Arab Today

BlackBerry shares plunged 15  percent Monday in early trade after the embattled technology company announced it was abandoning a plan to sell itself and appointed a new interim chief executive. BlackBerry, struggling to keep up with a smartphone market it once led, said it would receive a $1 billion infusion from Fairfax Financial Holdings and other institutional investors.

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