Unusual breakup fee may give Fairfax an edge in BlackBerry buy

BlackBerry has agreed to pay Fairfax Financial Holdings $157 million if the smartphone company finds another buyer -- an unusual arrangement given that the two parties have not yet signed a definitive deal, and one that could make it more difficult for BlackBerry to find a more lucrative offer to go private, analysts say. The company faced another challenge Friday when the Gartner research firm advised its clients to abandon BlackBerry's phones and its enterprise mobile management software. In a reply, BlackBerry asserted that enterprises still have faith in the company.

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