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Fairfax ups investment in troubled BlackBerry

TORONTO (AP) — Fairfax Financial Holdings said Wednesday it is buying another $250 million of convertible debt in BlackBerry in what Fairfax says is a show of confidence in the troubled smartphone maker’s new management.

Quoted from Fairfax ups investment in troubled BlackBerry on Gadgets News Headlines – Yahoo! News

The insurance and investment firm invested $US250 million as part of that initial deal, which gave it an option to make an extra $US250 million investment before a Monday deadline. TORONTO (AP) — Fairfax Financial Holdings said Wednesday it is buying another $250 million of convertible debt in BlackBerry in what Fairfax says is a show of confidence in the troubled smartphone maker's new management. Fancial . TORONTO (AP) — Fancial Holdgs said Wednesday it is buyg another $250 million of convertible debt what Tags: fairfax, investment, troubled, blackberry, Fairfax ups investment in troubled fptechno Jan 09, 2014 03:31:02 IST. Fancial Holdgs said Wednesday it is buyg another $250 million of convertible debt what says is a show of confidence the smartphone , 's largest shareholder, led an group that jected $1 billion to the pany last fall.

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