Prem Watsa Purchases 129,000 Shares of BlackBerry Stock

Prem Watsa head of Fairfax Financial, in recent news invested a 1 million stake in BlackBerry in a consortium convertible debt deal. He has now increased his own personal stake in the company adding an additional 1290,000 shares of BlackBerry Ltd (NASDAQ:$BBRY). This past week former CEO of RIM, Mike Lazaridis sold his shares off his 3.5 million shares of BlackBerry. Not sure what things are going on with BlackBerry through this transitional period, but it shall be interesting to sit back and to see just where it maybe going.

 

Source: Stockhouse

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