Featured Articles

Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
TSMC 16nm FinFET Plus in risk production

TSMC 16nm FinFET Plus in risk production

TSMC’s next generation 16nm process has reached an important milestone – 16nm FinFET Plus (16FF+) is now in risk production.

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 26 September 2013 12:37

I can buy Blackberry claims Fairfax boss

Written by Nick Farrell



At that share price Fudzilla could put in a bid

Fairfax Financial Holdings boss Prem Watsa is confident the consortium he leads can find the money to fund its $4.7 billion bid for troubled smartphone maker BlackBerry.

Shares have plummeted since the announcement that Blackberry is about to be sold off and taken private. But there were some fears that the deal would not complete. However Watsa said that he would not put his name to such a high-profile deal if he didn't feel confident that at the end of the day that our due diligence would be fine and Fairfax could finance it.

The Canadian-led consortium put in its $9 a share bid for BlackBerry and said that phone maker would have better chances as a private entity. The former phonemaker known as RIM pioneered mobile email communications. BlackBerry shares closed a full dollar below the bid price on the Nasdaq indicating that investors are skeptical the deal would succeed.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments