January 8, 2014 / 7:43 PM / in 4 years

BlackBerry says Fairfax to buy $250 mln more debentures

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.

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