Blackberry bows out with $4.7 billion

Goodbye blackberry: the end is finally here for users of the smartphone as the  company last night agreed for a sell out deal to the tune of  $4.7 billion buyout by a consortium planning to take the struggling smartphone maker private. BlackBerry was once a leader in mobile tech but has been squeezed by rivals Android and Apple, which coincidentally announced record sales of its latest iPhone on Monday. The Ontario-based company said it had signed a letter of intent with a group led by Fairfax Financial Holdings Limited, which has offered to acquire the company.

Blackberry bows out with $4.7 billion Blackberry bows out with $4.7 billion Reviewed by getitrightnigerians on 08:43:00 Rating: 5

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