He will take private at 9 if not better offer. Interesting strategy and he owns SD.
Sandberry.Blackridge. Prem doesn't have 5 billion to toss around for BBBY. He is hoping somebody else wants for 10
Wonder if Prem is still buddies with Ward.
BlackBerry has agreed to sell itself for $4.7 billion to a group led by its largest shareholder, Fairfax Financial Holdings Ltd., whose head is a Canadian of Indian origin, Prem Watsa.
He might have been able to buy SD for the same amount.
I don't think you need to describe who Prem is to this board. We all know him.
Will he need to sell his SD stake to raise cash? If so, I'm guessing he'd push for a buyout, rather than sell into the market. Could accelerate timing, but could also mean settling for a lower price. IF he needs the $$.
Wonder how much underwater he is, in Blackberry?