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SEP 25, 2013 - Yahoo! News

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Fairfax seeks $1 billion equity for BlackBerry deal: Globe

TORONTO (Reuters) - Fairfax Financial Holdings Ltd is seeking more than $1 billion in equity investments from institutional investors to back its preliminary $4.7 billion plan to acquire BlackBerry Ltd, the Globe and Mail reported on Wednesday. Citing unnamed people familiar with the discussions, the Canadian newspaper said Fairfax Chief Executive Prem Watsa has personally contacted several leading Canadian and U.S. pension and private-equity funds to win support for the bid to buy the struggling smartphone maker. ...

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