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| Subject: BlackBerry Denies Hardware Abandonment Rumors Sat Apr 12, 2014 11:23 am | |
| Last fall, BlackBerry officially took itself off the market. Amidst swirling acquisition rumors, the Canadian smartphone-maker said it would receive a $1 billion investment from Fairfax Financial and other investors, representing the conclusion of its process of seeking strategic alternatives for taking the company forward. Fairfax had wanted to acquire BlackBerry outright, but it fell short of raising the necessary funds to do so. The massive investment represented “plan B.” Unfortunately, the infusion of capital has done little to help BlackBerry. And in recent weeks, acquisition rumors began circulating @ |
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