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BlackBerry to be acquired by consortium led by Fairfax

2013-09-23 21:22:00| Telecompaper Headlines

(Telecompaper) BlackBerry has signed a letter of intent to sell the company to a consortium led by Fairfax Financial Holdings. Under the terms of the agreement, BlackBerry shareholders will receive USD 9 in cash for each share of BlackBerry they hold, valuing the deal at USD 4.7 billion. The consortium would acquire for cash all of the outstanding shares of BlackBerry not held by Fairfax. Fairfax already owns around 10 percent of BlackBerry's common shares and will contribute the shares of BlackBerry it currently holds into the transaction. The deal is subject to due diligence, negotiation, execution of a definitive agreement and customary regulatory approvals. Diligence is expected to be complete by 04 November, with the parties aiming to negotiate and execute a definitive agreement by this date. During this period, BlackBerry will be able to actively solicit, receive, evaluate and potentially enter into negotiations with parties that offer alternative proposals. This is subject to payment of a termination fee in the event an alternative offer being accepted.

Tags: by led acquired blackberry

 

Clean Energy, Ferus and GE form consortium to develop US LNG projects

2013-09-19 01:00:00| Hydrocarbons Technology

Clean Energy Fuels, Ferus Natural Gas Fuels, GE Ventures and GE Energy Financial Services have announced a new consortium to develop LNG projects and deliver it to US customers called Eagle LNG Partners.

Tags: us form energy develop

 
 

Bombardier-led consortium secures major signalling system contract in Azerbaijan

2013-09-12 01:00:00| Railway Technology

A consortium led by Bombardier has been awarded a $288m contract by Azerbaijan Railways to supply a signalling system for the international Kars-Baku transport corridor that connects Asia and Europe.

Tags: system major contract azerbaijan

 

NSF-funded Consortium to Facilitate Development of Tech. for Production of Renewable Chemicals

2013-09-09 07:00:00| Coatings World Breaking News

Tags: development production tech facilitate

 

Design Lights Consortium (DLC) Qualifies Aleddra's Popular LED EasiRetrofit Tube for Utility ...

2013-09-04 06:00:00| Industrial Newsroom - All News for Today

Upstart LED technology company has always supported higher lighting standards for LEDs<br /> <br /> RENTON, Wash. - Today Aleddra LED Lighting, a business unit of Lightel Technologies, Inc., announces that its energy-efficient LED T8 EasiRetrofit tubes are now qualified by Design Lights Consortium (DLC) for utility rebates.<br /> <br /> Aleddra, an upstart LED technology company, specializes in LED tube technology research and development. Its popular EasiRetrofit double-end LED T8 tube is the ...This story is related to the following:Green & CleanSearch for suppliers of: LED Lighting |

Tags: popular design led tube

 

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