Fairfax Financial Holdings

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BlackBerry Dumps Plan to Sell, CEO

New direction involves raising $1B from investors

(Newser) - BlackBerry pulled the rug out from under customers today, announcing that it was ditching its plan to sell itself to Fairfax Financial Holdings —and CEO Thorsten Heins along with it, the Wall Street Journal reports. Today was supposed to be the day BlackBerry "firmed up" the Fairfax deal... More »

BlackBerry Deal Full of Holes

Rolfe Winkler advises selling stock if you've got it

(Newser) - If you're a BlackBerry shareholder, Rolfe Winkler at the Wall Street Journal thinks you should sell while the selling's good. Fairfax Financial Holdings struck a deal yesterday with BlackBerry that, Winkler writes, is a little like a guy saying "he will buy your falling-down house for millions... More »

BlackBerry Sells Itself for $4.7B

Fairfax Financial, the smartphone pioneer's largest shareholder, buys it

(Newser) - It looks like the days of BlackBerry being an independent company are over. Trading on shares of the company was halted today when the company made it known that it had a major announcement coming. The announcement: It had signed a letter of intent to be purchased by Fairfax Financial... More »

Big Canadian Donation to Romney PAC Might Be Illegal

US subsidiary of Fairfax Financial Holdings gave $1M

(Newser) - Restore Our Future, a super PAC supporting Mitt Romney, may have broken the law by accepting a million-dollar donation from OdysseyRe, a Connecticut-based company that is a wholly-owned subsidiary of Canadian insurance giant Fairfax Financial Holdings, the Center for Public Integrity reports. Federal law prohibits any foreign national from "... More »

4 Stories