BlackBerry has signed a letter of intent with Fairfax Financial that means the company could soon be sold in a $4.7 billion deal. While a letter of intent isn't a binding contact, it does bode well for BlackBerry and, if everything pans out, could mean BlackBerry will go private in the very near future.

Press Release

BlackBerry shareholders would receive U.S. $9 per share in cash
Transaction valued at approximately U.S. $4.7 billion
Consortium permitted 6 weeks to conduct due diligence
BlackBerry entitled to go-shop during due diligence period, subject to payment of a termination fee in the event alternative offer accepted

READ MORE: http://crackberry.com/fairfax-financ...rry-47-billion

Blackberry is saved! I hope...
Blackberry 10 deserved a chance, it's such a nice OS.

And prob the last Blackberry phone for consuments:

I wonder if Alicia Keys goes with the deal.

Blackberry's are a mess now though. The OS is so unappealing and meh.

She better leave. I still can't believe Blackberry invested in that mess Bad marketing...

I really love the os! I dumped my iphone 5 for it, but that's just my taste.

No one with any sense would buy Blackberry

Love my Z10. Hope it all works out.

Stupid thing to say, u prob don't even know what a blackberry 10 is, or how it works.

I love the BB10 OS, I changed my iPhone 4s for the Z10, but I can't stand the lack of applications on the Blackberry World, so I think it's time for me to go back to the bitten apple.

Love my Q10! The Z10 is also amazing. It looks so classy and cool.

Nokia, then Blackberry.. who's next??

Yes, have the same problem, but that's not Blackberrys fault. They won't invest in their apps to get them to bb10, because theres no faith for bb10 (or they think theres no faith). But u can sideload Instagram and other big apps, and it works perfectly for me!

No good apps = fail.

Poor dat

Sadly true, it's all about the apps.

If only I had the money

Its not that, its how well its perceived. Blackberry's are just not in, having an iPhone or Android is in. People don't want to deal with Blackberry's anymore because iPhones and Androids are perceived as having more to offer. There was a time when having a Blackberry was cool, that passed like 3 years ago.

HTC.

I lived for the keyboard on my Bold!! Sucks there was no apps I got an iPhone instead

I've tried sideloading Instagram and it never works for me I don't know why what I'm doing wrong