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One of several Blackberry buildings located on Phillip St. in Waterloo, Ont., home of the beleaguered smartphone company.
One of several Blackberry buildings located on Phillip St. in Waterloo, Ont., home of the beleaguered smartphone company.
(Fred Lum/The Globe and Mail)

Fairfax not bumping up stake in BlackBerry

Investment company Fairfax Financial Holdings Ltd. is not boosting its shares of BlackBerry Ltd., holding fast at a 10.5-per-cent equity stake in the smartphone maker.

Wednesday’s reports that the company was increasing its position stem from a filing with the Securities and Exchange Commission that appeared to attribute to Fairfax a 16.8-per-cent investment stake in BlackBerry.