Wednesday, 8 January 2014

BlackBerry says Fairfax to buy $250 million more debentures

TORONTO Wed Jan 8, 2014 6:46pm GMT



TORONTO (Reuters) - Fairfax Financial Holdings Ltd (FFH.TO) will buy another $250 million worth of BlackBerry Ltd's (BBRY.O) convertible debentures, the smartphone maker said on Wednesday.


Fairfax is exercising a previously announced option linked to BlackBerry's recent $1 billion debt financing.


(Reporting by Allison Martell; Editing by Bernard Orr)






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