Canadian phone maker BlackBerry - once the undisputed enterprise giant that used to be synonymous with smartphones and whose iconic BlackBerry handsets with their clickety-clack keyboards and real-time, secure push email were considered the real work machines - is now entertaining a $4.7 billion offer from its largest shareholder, a move that would take the free-falling phone company private.
Fairfax Financial Holdings, which already owns 9.9 percent of the Waterloo, Ontario firm, would pay $9 per share, a 3.1 percent premium over last week's share price. According to a statement by Fairfax CEO Prem Watsa, the private company will "focus on delivering superior and secure enterprise solutions to BlackBerry customers around the world."...