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BlackBerry Abandons Sale Plans, Will Replace CEO

Posted by ryuzaki0 on from the on-second-thought dept.

An anonymous reader writes "BlackBerry has abandoned plans to sell the company to Fairfax Holdings after the shareholder could not raise enough money. CEO Thorsten Heins is to leave the company. From the article: 'The company also said that Prem Watsa, chairman and CEO of Fairfax, will be appointed Lead Director and chair of the compensation, nomination and governance committee. Mr. Watsa had resigned from the BlackBerry board earlier this year to explore a bid for the company.'"

1 of 83 comments (clear)

  1. Re:This is a great landscape for Blackberry. by Anonymous Coward · · Score: 4, Insightful

    this is the same company that let the indian and other asian governments have access to customers' data