Shearman & Sterling and Canadian firm McCarthy Tetrault are advising Fairfax Financial on its $4.7bn (£2.9bn) offer for struggling smartphone maker BlackBerry. Fairfax, BlackBerry's largest shareholder with a stake of approximately 10%, is offering $9 a share in cash to acquire the remaining shares in the firm, which is being advised by Skadden Arps Slate Meagher & Flom and Canada's Torys.
September 25, 2013 at 04:05 AM
1 minute read
The original version of this story was published on Legalweek
Shearman & Sterling and Canadian firm McCarthy Tetrault are advising Fairfax Financial on its $4.7bn (£2.9bn) offer for struggling smartphone maker BlackBerry.
Fairfax, BlackBerry’s largest shareholder with a stake of approximately 10%, is offering $9 a share in cash to acquire the remaining shares in the firm, which is being advised by Skadden Arps Slate Meagher & Flom and Canada’s Torys.
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