BlackBerry Ltd's Largest Shareholder Prem Watsa Bullish On Company

HFA Padded
Mark Melin
Published on
Updated on

The largest shareholder of BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) scuttled the potential for a leveraged buyout and says that the social media frenzy is the “sort of speculation will end just like the previous tech boom in 1999 – 2000 – very badly!” In a letter to investors V. Prem Watsa, chairman and chief executive officer of Fairfax Financial, an investment holding company with over $30 billion in assets under management, detailed the story behind the story. Offer to take Blackberry private turns into debt deal after all-star due diligence On September 23, 2013, Fairfax made an offer to take BlackBerry…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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