Does Anyone Really Want to Buy BlackBerry (BBRY)?
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Fairfax Bid Places Little Value on BlackBerry (BBRY)
September 24, 2013 11:48 AM EDTFairfax could be getting BlackBerry (Nasdaq: BBRY) on the cheap. On the very cheap, actually.
On Monday, Fairfax and BlackBerry entered a letter of intent for Fairfax to acquire BlackBerry in a $4.7 billion deal, or about $9 per share. The offer pegs BlackBerry at an 80 percent discount to its book... More
Cormark Downgrades BlackBerry (BBRY) to Market Perform
September 24, 2013 10:19 AM EDTCormark downgraded BlackBerry (NASDAQ: BBRY) from Speculative Buy to Market Perform with a price target of $9.00 (from $10.50).
For an analyst ratings summary and ratings history on BlackBerry click here. For more ratings news on BlackBerry click here.
Shares of BlackBerry closed at $8.82 yesterday, with a 52 week range of $8.01-$17.22.... More
Second BlackBerry (BBRY) Bidder Unlikely, Says Wells
September 23, 2013 3:55 PM EDTOn Monday afternoon BlackBerry (NASDAQ: BBRY) announced its signed a LOI with consortium led by Fairfax Financial to take the company private in a transaction valued at $4.7 billion or $9 per share. In the view of Wells Fargo analyst Maynard Um, another bidder is... More
Fairfax Still Needs to Secure Financing for BlackBerry (BBRY) - CNBC's Faber
September 23, 2013 2:26 PM EDTBlackBerry (Nasdaq: BBRY) may have entered a takeover agreement, but nothing is locked-up yet.
CNBC's David Faber commented on Twitter today that Fairfax Financial doesn't have financing yet and can walk away at any time. The firm currently holds a 10 percent... More
