Blackberry Ltd (BBRY): What Could Stop Watsa’s Fairfax Deal?

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HFA Staff
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Blackberry

BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) is headed toward a $9 per share acquisition in the coming months if things at Fairfax Financial Holdings Ltd (TSE:FFH) go according to plan. The company signed a letter of intent on the acquisition earlier this week. That means that an acquisition is likely, but it is by no means certain. A new report from Evercore Research analysts Mark McKechnie and Zachary Amsel project that if the deal does not go through shares in BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) could fall as low as $6. The company has almost entirely stopped functioning as a smart phone maker…

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