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Blackberry to be Sold for 4.7 Billion Dollars

Blackberry to be Sold for 4.7 Billion Dollars

Blackberry, the Smartphone manufacturer that once dominated the market has been going a rough patch for the past few years. In order to compensate for that, it succeeded in finding a buyer who is willing to pay 4.7 billion dollars for the company. Fairfax Financial, the Canadian based company that has 10% shares of Blackberry has decided to join forces with an unknown consortium of buyers in order to acquire the company for 9 dollars per share.

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