Blackberry going private.

[Geek-9pm]

Bloomberg and others are talking about a deal to make Blackberry a privately held company. About five years ago it was worth about 7 billion. Look at this starry:
http://www.bloomberg.com/news/2013-09-23/blackberry-gets-tentative-4-7-billion-deal-to-go-private.html
News for blackberry on Bloomberg

...
The group led by Fairfax Financial Holdings Ltd. (FFH) would offer $9 a share in cash, according to a statement today -- a 3.1 percent premium over BlackBerry’s closing price last week. The consortium is still seeking financing for the offer, which will be subject to due diligence and further negotiation.
BlackBerry, the one-time smartphone leader, was forced to seek buyout offers this year after a new operating system failed to fuel a comeback. For the next six weeks, a Fairfax-led group will scrutinize the device maker’s books while BlackBerry Chief Executive Officer Thorsten Heins and a special board committee see if there are any alternative proposals.
...

How can you explain this?

[evilfantasy]

An interesting fact. Prem Watsa -  The founder, chairman, and chief executive of Fairfax Financial Holdings who is intent on buying RIM used to be on the RIM board of directors. He stepped down from RIM last month to avoid conflict of interest in the buyout.

How can you explain this?

It's not necessarily the company they want but rather the patents. Patents are where the money is.