Tag Archives: acquisition

Fairfax’s $5bn Blackberry acquisition terms altered as Heins finally steps down

The proposed sale of troubled phone specialist Blackberry to Fairfax Financial Holdings has been scrapped. It was revealed last month that Fairfax had in principle agreed to acquire the company for $4.75bn. However, that announcement came with the proviso that both parties were able to walk away before November 4th. …

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EA pondered THQ acquisition, is now being sued over UFC deal

Ill-fated publisher THQ was once the target for a possible acquisition at the hands of EA, court documents have revealed. As spotted by Videogamer, the papers(as found by Polygon) relating to THQ’s now attempted suing of EA over its UFC rights purchase say that THQ first started exploring the possibility …

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Ginx expands European presence with Player acquisition

Games-centric TV platform Ginx has acquired Player Channel. The moves means that as of 6:00am this morning Ginx is now available to an estimated 13m French homes and a further 3.5m in Germany. The company will also expand its advertising operations to provide for specific ad opportunities for UK, French …

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Blackberry agrees $4.75bn acquisition

Financial services firm and existing Blackberry shareholder Fairfax has agreed to acquire the struggling phone company. The news followsBlackBerry’s loss of up to $995 million in its fiscal Q2 and plans to fire 4,500 employees. Its Canadian counterpart, who owns around ten per cent of its shares, has bought the …

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