BlackBerry to be acquired by Canadian insurer

[BrAinPaiNt]

For those that still use the BlackBerry *cough*WG*cough*


BlackBerry agreed in principal Monday to be acquired by Fairfax Financial, a Canadian insurance company, for $9 a share in a deal worth $4.7 billion in US dollars.

Trading in BlackBerry (Toronto Stock Exchange: BB-CA) was halted before the announcement. When it resumed at 2 p.m. EDT, the stock jumped as much as 5 percent before retreating slightly. Prior to the announcement shares in the troubled smartphone maker company were down more than 5 percent.

http://finance.yahoo.com/news/blackberry-acquired-canadian-insurer-172512224.html

 

[WoodysGirl]

I saw... lol

Hey, I like my phone.. *shrug* As long as it still works and has the few apps I care about, then I'm happy.