Description: Fairfax financial has made a $4.7 billion bid for BlackBerry. This bid amounts to an offer of $9 per share. In 2007, BlackBerry boasted a share price of $230.52. This is a remarkable drop for a company that started the smartphone market.
Source: CBC
Date: Sept. 23, 2013
Video Link: http://www.cbc.ca/player/News/Business/ID/2408193839/?page=2
Questions for Discussion:
- Is Fairfax a good buyer for BlackBerry?
- Fairfax intends to privatize BlackBerry; what are the benefits of privatizing a company?
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