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Blackberry Given a New Chance at Life
CINCINNATI (WKRC) -- Blackberry has been given a chance at a new life.
The company today agreed to be sold to its largest shareholder.
Fairfax head Prem Watsa, a former board member, who owns 10 percent of blackberry leads the group.
Trading of the company's stock was halted ahead of the news.
Blackberry shares plunged after the company announced Friday a loss of nearly one billion dollars and 4,500 layoffs.