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Sunday, 03/10/2024 4:46:38 PM

Sunday, March 10, 2024 4:46:38 PM

Post# of 16338

Crushed the cockroach! LOL!

“Watsa decided to resign from BlackBerry (BB) in connection with the company's repayment at maturity of its $150 million principal amount convertible debentures held by affiliates of Fairfax Financial (OTCPK:FRFHF), according to the statement. 
Watsa previously saw criticism from a BlackBerry (BB) holder who was concerned that the company could be a potential takeover target for Fairfax at an unfairly low price, according to Dealreporter. 
The latest takeover speculation comes after an August Bloomberg report that Veritas Capital had made overtures toward acquiring the once-iconic device maker.
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