Shares for the freefalling smartphone manufacturer ground to a halt as a takeover deal was inked. The downward spiral of BlackBerry stocks screeched to a stop, yesterday, as the company made technology news by inking a takeover deal that would pay US$9 per share. The deal was struck for BlackBerry to sell itself to a consortium that is led by its largest shareholder. This technology news means that the Fairfax Financial Holdings Ltd.-led consortium will become the new owners of the dramatically failing company. Within that deal, the dramatically battered…
Read MoreTechnology news from BlackBerry shows $4.7 billion buyout
