All About Smartphones

Most of the media was busy bashing and writing about the 4500 job cut  and the almost $1 billion loss being the last nail in the coffin for BlackBerry.  Not to even talk about the failed launch of BBM for Android and iPhone last week, today the company shook things up yet again when it officially announced that its going private and it's shares would be sold for $9 each.  The rumours of Prem Watsa and his firm, Fairfax Financial, leading a bid to take BlackBerry private have proven to be true and confirmed especially after a statement that was released by Wasta below. "We believe this transaction will open an exciting new private chapter for BlackBerry, its customers, carriers and employees. We can deliver immediate value to shareholders, while we continue the execution of a long-term strategy in a private company with a focus on delivering superior and secure enterprise solutions to BlackBerry customers around the world" . The board of directors at ...