01-12-14 09:20 AM
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  1. CrackBerry News's Avatar
    CrackBerry News
    Moderator

    Back in December BlackBerry announced they would be extending the*purchase option deadline for additional convertible debentures. Today, the company has announced that*Fairfax Financial Holdings Limited has agreed to purchase an additional $250,000,000 principal amount of 6% unsecured subordinated convertible debenture through its*subsidiaries. The*transaction will be completed on or before January 16, 2014.

    Full story from the Crackberry Blog...
    01-08-14 01:03 PM
  2. zocster's Avatar
    zocster
    Network Moderator
    Nice thanks for sharing

    Sent from whatever device I got my hands on via Tapatalk
    01-08-14 01:51 PM
  3. just_luc's Avatar
    just_luc
    Retired Moderator
    If I remember right they had the option to turn their debt into stock if it climbed over $10 dollars I believe.. some said it wouldn't happen, but now sitting at 8.76 with a $3 per share climb so far this month it's looking like more and more of a possibility!

    Posted via CB10
    01-12-14 09:20 AM
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