Here's Why BlackBerry Stock Is Rising Today
Shares of BlackBerry (NYSE: BB), a technology company focused on security software and services, was up 10% as of 10:55 a.m. EDT on Tuesday. StreetInsider.com reported that Fairfax Financial Holdings (OTC: FRFHF), run by famed investor Prem Watsa, has held talks with BlackBerry's management about acquiring the company outright. The report also stated that BlackBerry has created a committee and hired a team of investment bankers to advise on a potential acquisition.
