Re: the Settlement.......The partnership / settlement that Blackberry is attempting to complete....is on Friendly terms
less one. So according to Chen, theres a 20% gap remaining to close / or not, this deal....
Many would be surprised to find that Watsa himself is the stumbling block holding back
this deal. He doesn't like it, because it takes away any future attempt to buyout the
company for himself. He nearly got his dream buyout last year, but the BOD's offered
those cheap early debentures to appease him. In order for this deal to close, the partner
required that Watsa's wings be clipped....Thus the demotion
Rug 2000