BlackBerry Ltd disclosed on Monday that U.S. real estate investment company Spear Street Capital is buying the majority of the embattled technology firm's Canadian real estate holdings for C$305 million ($278 million). Waterloo, Ontario-based BlackBerry announced in March it had reached an agreement to sell the vast majority of its real estate holdings, as part of a plan outlined earlier this year to strengthen its balance sheet. At the time, BlackBerry did not disclose the name of the buyer or terms of the deal. BlackBerry said on Monday that San Francisco-based Spear Street has waived the due diligence conditions attached to the deal.
via Gadgets News Headlines - Yahoo! News http://ift.tt/1j2ecDj
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