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PRESS RELEASE: First Potomac Signs Full Floor Lease at Prosperity Metro Plaza in Fairfax, VA
2013-10-18 19:44:00| National Real Estate Investor
Danielle Zavala First Potomac Realty Trust announced that Pyramid Systems, Inc. has signed a 23,379-sq.-ft. lease at Prosperity Metro Plaza in Fairfax, Va. read more
BlackBerry Enters into Letter of Intent with Consortium led by Fairfax Financial
2013-09-24 21:34:59| MobileTechNews
Fairfax Financial signs a $4.7 billion deal for the acquisition of BlackBerry.
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TSX up slightly, BlackBerry flat as Fairfax Financial makes US$9 a share offer
2013-09-24 09:13:09| Wireless - Topix.net
The Toronto stock market was slightly higher Monday while BlackBerry stock continued to sell off amid collapsing sales and commodities failed to benefit from strong manufacturing data out of China.
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Fairfax reaches tentative deal to buy BlackBerry
2013-09-24 04:35:48| Telecom - Topix.net
In this May 14, 2013 photo, Thorsten Heins, president and CEO at BlackBerry, speaks at a conference in Orlando, Fla.
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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.
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