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One Week Left to Fairfax Due Diligence on BlackBerry Bid

 BlackBerry Canada

Most BlackBerry shareholders, but not users, know that November 4th marks the end of Fairfax Financials due diligence period on their bid to acquire BlackBerry. The current offer price is $9 which is higher than BBRY is currently trading. That means we will most likely either see another bidder pop up this week or the Fairfax deal will go through. There is still speculation that the deal will fall through but Fairfax’s track history shows that they are pretty consistent.

What do you think will happen in the next 7 days?

4 total comments on this postSubmit your comment!
  1. Given the fact that the stock is trading at a price that is lower than the take over offer price of $9 conventional wisdom would say that the market is not expecting another company to come in with a larger bid or perhaps even that Fairfax may not make good on their offer. As a shareholder this may NOT be the worst scenario out there because we’re optimists and we hope that Thor and Co. will take fingers out of their butt holes and turn the company around. A successful roll out of BBM is a great positive start but that is all that is – a good start.

  2. They are lodged in there pretty deep

  3. http://pfcsystems.wordpress.com/2013/10/27/blackberry-an-alternative-reality-an-alternative-future/

    A detailed look at what this investor thinks. Feel free to post it on the site. Getting the word out is the main point.

  4. Thanks for sharing Darryl. I 100% agree with your sentiments. I can’t believe how much of a tool the Canadian media is as well, CTV, Globe & Mail, Financial Post, … No one in the country that started this great company is willing to offer perspective and reason in this rigged world of American media.

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