BlackBerry in $4.7bn takeover deal with Fairfax
- 11 years ago
Smartphone company Blackberry has been approached by a company interested in buying it for $4.7bn. Fairfax Financial, based in Canada, already owns 10% of the struggling technology firm, but will spend two months vetting financial statements before an agreement is made. Blackberry has struggled to compete with main rivals Apple and Samsung in the smartphone market