Prem Watsa, the ‘Warren Buffett of Canada’, is trying to save BlackBerry

by Scarlett Madison September 23, 2013, 7:10 PM 1.2k Views

The large buyout that Fairfax Financial Holdings Limited is attempting on BlackBerry isn’t just a bargain. They’re in it for self preservation as well. The man behind the move is as interesting as the whole deal itself.

Who is BlackBerry savior: The so-called Warren Buffett of Canada.

The beleaguered smartphone maker stunned the investing world by announcing it had an offer for $9 a share from a consortium led by Fairfax Financial Holdings Limited, the largest holder of the company with about 10%.

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Written by Scarlett Madison

Scarlett Madison is a mom and a friend. She blogs for a living at Social News Watch but really prefers to read more than write. Find her on Twitter, Facebook, and Pinterest.