BlackBerry’s US$600m patent sale thrown into doubt as Canadian-led loan syndicate bails out

BlackBerry Ltd.’s BB-T Agreement to sell most of its patents for US$600 million fell apart after lead financier Third Eye Capital scrapped the deal this month. BlackBerry, based in Waterloo, Ontario, announced in late January that Catapult IP Innovations Inc., a Delaware-registered entity based in Baltimore, had agreed to buy the patents with a conditional …

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