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Fairfax outs BlackBerry investor partners
2013-11-08 01:00:00| Total Telecom industry news
Qatar-based sovereign wealth fund teams up with Canadian funds for $1 billion investment.
Tags: partners
investor
blackberry
outs
BlackBerry ditches CEO and accepts $1 billion loan from Fairfax, others
2013-11-04 16:03:23| InfoWorld: Top News
BlackBerry will change its CEO and accept a $1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself, after months of shopping itself without getting a buyer. CEO Thorsten Heins will resign when the deal is complete, with former Sybase CEO John S. Chen joining the company as chairman and interim CEO, BlackBerry announced today.
Update: BlackBerry ditches CEO and accepts $1 billion loan from Fairfax, others
2013-11-04 16:03:23| InfoWorld: Top News
BlackBerry will change its CEO and accept a $1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself CEO Thorsten Heins will resign when the deal is complete, with former Sybase CEO John S. Chen joining the company as chairman and interim CEO, BlackBerry announced Monday.
BlackBerry gets ready to announce new bidder or seal deal with Fairfax
2013-11-04 14:45:19| InfoWorld: Top News
BlackBerry is expected to announce a definitive merger agreement with Fairfax Financial Holdings on Monday -- or present an alternative bidder to help get the company back on track, with the latter group including the likes of Qualcomm. Six weeks have passed since a consortium led by Fairfax announced it had bid approximately $4.7 billion for BlackBerry. The terms of the bid allowed for Fairfax to conduct a six week long due-diligence investigation that ends on Monday, while allowing BlackBerry to enter into negotiations with other bidders.
Fairfax County (Va.) district is looking at sizable cuts to close budget deficit
2013-10-21 19:02:00| American School & University
System faces a projected $140 million shortfall Schoolhouse Beat read more
Tags: close
county
district
budget
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