BlackBerry, Fairfax Deal `Dies'; CEO Heins Out: Globe & Mail

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BlackBerry, Fairfax Deal `Dies'; CEO Heins Out: Globe & Mail 2013-11-04 13:22:49.407 GMT

By Clyde Eltzroth Nov. 4 (Bloomberg) -- BlackBerry said to abandon plan to find buyer, Globe & Mail reports, citing people familiar. * BBRY to sell $1b in convertible notes to group of investors * CEO Thorsten Heins to leave co. * BBRY to announce changes to board * NOTE: Nov. 1, Bloomberg reported Fairfax said to be short of BBRY bid financing * BBRY down 15% pre-mkt

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--Editor: Joanna Ossinger

To contact the reporter on this story: Clyde Eltzroth in New York at +1-212-617-1879 or celtzroth1@bloomberg.net

To contact the editor responsible for this story: Joanna Ossinger at +1-212-617-7789 or jossinger@bloomberg.net