john chen

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The Beat Goes On For BlackBerry

Last week, we watched to see if BlackBerry  (NASDAQ: BBRY  ) would circle the wagons and survive the swirling acquisition vultures overhead (“So What is Really Happening With BlackBerry”). This morning, there is positive news that BlackBerry is doing just that. Prior to the market opening, the BlackBerry Board decided to forego an outright buyout bid by Fairfax but raised $1 billion from them to stay alive.