BlackBerry Signs Letter Of Intent To Go Private For $9 Per Share In Deal Valued At $4.7 Billion
As reported on TechCrunch. by ALEX WILHELM Today BlackBerry announced a $9 per share offer for its outstanding stock, a deal worth around $4.7 billion. The $9 per share price is a slight premium over its current stock price, which traded at $8.23 before it was halted pending the news. BlackBerry had declined more than 5 percent on the day. Fairfax Financial, which offered the $9 per share deal, already owns about 10 percent of the company’s stock. BlackBerry’s…