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. The jump looks to be attributable to the news that an investing heavyweight might be interested in buying out the entire business.
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.
Image source: Getty Images.
Source Fool.com
