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BlackBerry drop reveals biggest discount

Published by Punch on Sun, 06 Oct 2013


Investors are growing more skeptical that a tentative $4.7bn bid for smartphone maker BlackBerry Limited will succeed, with the stock trading at the biggest discount among similar North American takeovers. Fairfax Financial Holdings Limiteds $9-a-share tentative offer for BlackBerry is 17 per cent higher than the current stock price, the widest spread of 109 announced
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