Prem Watsa confident of BlackBerry deal Add caption Fairfax Financial chief executive Prem Watsa said he is confident the consortium he leads can find the money to fund its $4.7 billion bid for smartphone maker BlackBerry. "We wouldn't put our name to such a high-profile deal if we didn't feel confident that at the end of the day that our due diligence would be fine and we'd be able to finance it," Watsa said in an interview. The Canadian-led consortium put in its $9 a share bid for BlackBerry on Monday, arguing that the troubled company would have better chances as a private entity, away from Wall Street's constant gaze. The company pioneered mobile email communications but has lost ground to Apple iPhone and other snazzier rivals, BlackBerry shares closed a full dollar below the bid price on the Nasdaqon Wednesday, indicating that investors were skeptical the deal would succeed. The stock edg...
Popular posts from this blog
Google's Perks Are So Amazing, Employees Have Found Ways To Secretly Live On Campus And Avoid Paying Rent 47 TWITTER IPO PRICED AT $26 PER SHARE Apple Shares Up More Than 2% As iPhone Announcement Begins Why bother paying rent when you can shower, eat, work-out, do laundry and sleep at your office? Google perks are so good, some employees say they've spent weeks living on campus to avoid paying rent, according to a Quora thread. " Technically, you weren't supposed to live at the office, but people got around that by living in their cars in the parking lot of the office or the Shoreline parking lot," one Googler writes. "[One] guy lived in the camper for 2-3 years. Showered at the gym. Did his laundry on campus. Ate every meal on campus he could. After the 2-3 years, he had saved up enough money to buy a house." Former Google designer Brandon Oxedine says he lived on Google's campus for 3 months in 2013. " I was in a ...
IBM to revise hiring process
IBM to revise hiring process IBM has agreed to pay $44,400 in civil penalties to settle allegations that certain of its online job postings preferred foreign workers with temporary work visas over US citizens, the US Department of Justice said. IBM had placed certain online job postings for application and software developers that contained citizenship status preferences for F-1 and H-1B temporary visa holders, the Justice Department said in a notification posted on its website late on Friday. F-1 visas are issued to overseas students studying in the United States, while H-1B visas are provided to foreign nationals with technical expertise in specialized fields. The Justice Department said the job ads violated the anti-discrimination provision of the Immigration and Nationality Act (INA), which states employers may not discriminate on the basis of citizenship status "unless required to comply with law, regula...
Comments
Post a Comment