Posts Tagged ‘Fairfax Financial Holdings Ltd’

Fairfax struggles to raise funds for BlackBerry bid: sources

Nov

2013

By Soyoung Kim, Nadia Damouni and Nicola Leske NEW YORK (Reuters) – Fairfax Financial Holdings Ltd is struggling to raise financing for its $4.7 billion bid for BlackBerry Ltd, with several large banks declining to participate on concerns that the smartphone maker will not be able to reverse its fortunes, according to people familiar with […]

Category General Written by Yahoo 0 Comments

Banks afraid of joining $4.7 billion BlackBerry bid, says Reuters

Nov

2013

In September a Canadian investment firm made a $4.7 billion buyout offer to BlackBerry — but banks are so skeptical about the former smartphone giant the firm is reportedly having trouble raising the funds. Reuters reports that Fairfax Financial Holdings has found that several large banks dont want to be involved with the deal, primarily because they […]

Category General Written by The Verge 0 Comments

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Posts Tagged ‘Fairfax Financial Holdings Ltd’

Fairfax struggles to raise funds for BlackBerry bid: sources

Banks afraid of joining $4.7 billion BlackBerry bid, says Reuters

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