Fairfax's Watsa Says Confident BlackBerry Bid Will Succeed

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Fairfax's Watsa Says Confident BlackBerry Bid Will Succeed

by Wochit 0:28 mins

Fairfax's Watsa Says Confident BlackBerry Bid Will Succeed

by Wochit 0:28 mins

Fairfax Financial Holdings Chief Executive Prem Watsa said he is confident the consortium he leads can find the money needed to fund a $4.7 billion bid for struggling smartphone maker BlackBerry. Watsa said, "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."

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