Private-equity firm Veritas makes a takeover offer for BlackBerry, source says
Private equity firm Veritas Capital has made an offer to acquire Canadian software company BlackBerry, causing a 17% spike in the company's U.S-listed shares.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/Y7FFONLE7FJI5AQ7KCZ6MOPNDE.jpg)
Topics
Relevant topic timeline:
BlackBerry stock surged by 14% after private-equity firm Veritas Capital expressed interest in acquiring the company, which has shifted its focus to cybersecurity.
BlackBerry Ltd. shares advanced 1.12% on a positive trading day, marking the stock's third consecutive day of gains.