breakingnews: BlackBerry agrees to $4.7 billion buyout
Reuters: Smartphone maker BlackBerry said it has agreed to be acquired by a group lead by Fairfax Financial Holdings Ltd for $4.7 billion.
According to a letter of intent, BlackBerry shareholders would receive $9 in cash for each share they hold.
Follow updates on Breaking News.
Photo: A sign is seen at the Blackberry campus in Ontario, Canada, Sept. 23, 2013. (Mark Blinch / Reuters)
Friends, we are shopping for a new cell phone carrier. Who do you use, how much do you pay, do you have any problems with them?
My wife and I are both BlackBerry users. We like our phones but this most recent service interruption is very inconvenient. As its been reported in the news countries in Africa, Europe, Middle East, India and now North America have suffered web, messaging, email and other problems. I like BlackBerry because of its Canadian roots but it seems this is a problem they experience frequently. We are looking at the Android and iPhone platforms seriously now. There seems to be little downtime with those phones because there is no central access hub. When you depend on your mobile communication devices you have to have reliability and uptime. We will see how fast BlackBerry gets back online. We know all services are not perfect but a problem like this needs to be fixed and for good.