Fairfax buys more convertible debt at BlackBerry

News Wireless Global 9 JAN 2014
Fairfax buys more convertible debt at BlackBerry
BlackBerry announced that its largest shareholder Fairfax Financial has agreed to purchase another USD 250 million of the company's convertible debt. The purchase is part of an option first agreed when BlackBerry USD 1 billion of the debt in November. The latest transaction should be completed by 16 January.

Categories:

Mobile

Companies:

BlackBerry

Regions:

Global

Tags:

Handsets, Financial funding

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