BlackBerry says Fairfax to buy $250 mln more debentures

Wed Jan 8, 2014 1:42pm EST
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TORONTO Jan 8 (Reuters) - Fairfax Financial Holdings Ltd will buy another $250 million worth of BlackBerry Ltd's convertible debentures, the smartphone maker said on Wednesday.

Fairfax is exercising a previously announced option linked to BlackBerry's recent $1 billion debt financing.