Monday, July 23, 2012

If Prem Watsa thinks RIM is good; it is

Prem Watsa is doubling down on Research in Motion.

The billionaire investor's Fairfax Financial has almost doubled its stake in the BlackBerry maker, according to a regulatory filing released today. Fairfax is now the company's single biggest shareholder after upping the size of its stake to 9.9 per cent, above both the single holdings of former co-CEO's Jim Balsille and Mike Lazaridis.

1 comment:

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