Latest
Results: WWE Raw 25 22/01/2018 (January 23, 2018 6:52 am)
Enzo Amore Suspended (January 22, 2018 11:50 pm)
Confirmed Matches for WWE Royal Rumble (January 18, 2018 9:19 pm)
Results: WWE Smackdown Live 16/01/2018 (January 17, 2018 5:28 am)
Results: WWE Raw 15/01/2018 (January 16, 2018 6:11 am)
Goldberg to Headline 2018 WWE Hall of Fame (January 15, 2018 7:38 pm)
Paige’s In-Ring WWE Career is Over (January 12, 2018 10:06 pm)
Ring the Bell: End of Year Awards (January 11, 2018 7:00 am)
ABC Confirm No Lost Revival…Yet (January 10, 2018 6:30 am)
Results: WWE Smackdown Live 09/01/2018 (January 10, 2018 6:12 am)
Results: WWE Raw 08/01/2018 (January 9, 2018 6:20 am)
Ring the Bell: Welcome to 2018 (January 8, 2018 11:41 pm)

$4.7bn rescue deal for Blackberry collapses

Blackberry have abandoned a planned $4.7 billion dollar deal to save the company.

It was announced in September that an agreement had been reached with Fairfax Financial Holdings for the rescue deal, but the falling smartphone maker have now confirmed that deal is off, and they will instead attempt to raise $1bn in cash with a debt issue. The company also announced that CEO Thorsten Heins has left his position, with John S Chen taking the position on an interim basis.

 

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInShare on TumblrShare on StumbleUponEmail this to someone

A co-owner of this here website, as well as a Writer, Podcaster and Designer. I'm well known for my enthusiasm and positivity. You can find out what's on my mind by following me on Twitter and by checking out The Geek Show, The Podcast of Wisdom and Ring the Bell.

Comments