November 4, 2013
Blackberry Scraps Plans to Go Private – Watsa Invests $1 Billion and Takes Over
John Chen is the new interim CEO of Blackberry. Today was the day the Fairfax Financial (Prem Watsa) deal was supposed to go to the next phase. Watsa had signed a deal some months ago to buy the company for $4.7 billion and take it private. But when he couldn’t arrange the financing the way