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Blackberry takeover

Blackberry has been looking for a buyer for over two months. It was thought that Fairfax would buyout the company, however, blackberry has said that fairfax is an investor for the blackberry company. Also fairfax along with a few other companies have invested $1 Billion into the blackberry company. While a buyout is being considered, blackberry’s CEO Thornston Heins will step down and John Chen will take over as interim CEO. It’s in hope that Chen will turn the company around and get the ball rolling. As of right now blackberry is still in waiting, and needing rescue in all ways possible.


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