Posts Tagged ‘Blackberry’

BlackBerry Abandons Bid to Sell Itself, Thorsten Heins, CEO out.

BlackBerry abandoned its bid to sell itself on Monday, and announced it will replace its chief executive. Fairfax Financial, BlackBerry’s largest shareholder with a 10 percent stake, said it won’t buy the struggling smartphone company and take it private but said that Fairfax and other investors will inject $1 billion as part of a revised…

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