[Reuters] BlackBerry says Fairfax to buy $250 million more debentures

Posted by: UGN Security

[Reuters] BlackBerry says Fairfax to buy $250 million more debentures - 01/08/14 02:21 PM

TORONTO (Reuters) - Fairfax Financial Holdings Ltd will buy another $250 million worth of BlackBerry Ltd's convertible debentures, the companies said Wednesday, providing the struggling smartphone maker with much-needed cash.