The company will instead receive a $1 billion investment from institutional investors, including Fairfax Financial. John S. Chen, former chief of Sybase, will be interim chief executive.

Source: http://dealbook.nytimes.com/2013/11/04/blackberry-abandons-effort-to-sell-itself-c-e-o-to-step-down/?partner=rss&emc=rss

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