Cable / Telecom News

BlackBerry offers Fairfax $250M more debentures

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WATERLOO, ON – BlackBerry said Wednesday that Fairfax Financial Holdings Ltd. will buy another $250-million worth of its convertible debentures.

The additional debentures will be purchased as part of the previously-announced option that was granted in connection with BlackBerry's private placement of $1 billion principal amount of debentures last November.

The transaction will be completed on or before January 16, 2014.

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