Fairfax Financial might not take BlackBerry private for $9 per share after all.
Analysts speaking to All Things Digital in interviews published on Tuesday said that the chance of BlackBerry going private for $9 a share -- or $4.7 billion -- seems unlikely. In fact, Fairfax Financial could come in as low as $5 per share.
"I would think Fairfax would want a lower bid if they're the only one at the table looking to buy it," Ironfire Capital founder Eric Jackson told All Things Digital. "After seeing their earnings, I think a price between $5 and $7 is more likely than $9..."
Read the full story here... Source: CNET