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BlackBerry in $4.7 billion takeover deal with Fairfax consortium

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Reuters TORONTO
Last Updated : Sep 23 2013 | 11:56 PM IST

TORONTO (Reuters) - Struggling smartphone maker BlackBerry Ltd said on Monday that it has agreed in principle to be acquired by a consortium led by Fairfax Financial Holdings Ltd for $4.7 billion.

(Reporting by Julie Gordon; Editing by Gerald E. McCormick)

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First Published: Sep 23 2013 | 11:39 PM IST

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