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Fairfax Financial to buy BlackBerry in $4.7 billion deal

from Dallas Business Journal

Beleaguered smartphone maker BlackBerry Ltd. has found a buyer. The Canadian company, which has its U.S. headquarters in Irving, agreed to be acquired by its largest shareholder, Canadian insurance company Fairfax Financial Holdings Ltd., for $9 per share, or $4.7 billion. The purchase could be completed in November. more


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