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November 4, 2013 06:35 pm GMT

BlackBerry Takes $1B Investment From Fairfax, Others, Replaces CEO Thorsten Heins

blackberry-deadBlackBerry is replacing its CEO and some of its board of directors, according to official PR this morning. The push to replace CEO Thorsten Heins comes as BlackBerry's purchase deal with investor Fairfax Financial Holdings falls through, according to the release. Fairfax had until today to enter into a definitive agreement with BlackBerry, but reportedly had trouble finding the funds.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xXmFhm2UqcA/

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