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BlackBerry Calls Off Sale, Will Replace CEO

 
BlackBerry Calls Off Sale, Will Replace CEO
Posted Monday, November 4th 2013 @ 8am

(24/7 News) BlackBerry Ltd is dropping a plan to sell itself.

The wireless device and services company will instead replace its CEO and work to raise about $1 billion from institutional investors. News of BlackBerry's plans caused shares of the company to drop nearly 20 percent in premarket trading.

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