Watsa Doubles Down On BlackBerry, Will Focus On BBRY Security Features

BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB) has finally found a buyer—long-time company bull and board member Prem Watsa has offered $9 per share, valuing the company at $4.7 billion. His company Fairfax Financial Holdings Ltd (TSE:FFH) (OTCMKTS:FRFHF) already owns a 10 percent stake, and when Watsa stepped down from the board in August there was speculation that he would make an offer, but he has a lot of work cut out for him if he’s going to come out ahead on the deal. Watsa’s BlackBerry’s share purchase Back in March, Watsa said that he was still happy with his company’s investment in BlackBerry…