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...
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