Local

Irving-Based Blackberry Agrees To Sell

From Our CBS Music Web Sites

453641528 10 Irving Based Blackberry Agrees To Sell Adorbale Baby Animals To Put A Smile On Your Face

christmas on kluv dl Irving Based Blackberry Agrees To Sell Listen To Christmas Music

176461204 10 Irving Based Blackberry Agrees To Sell Women With Santa

 alt=Musicians Then And Now II

452359780 10 Irving Based Blackberry Agrees To Sell Missing Summer?

sx Irving Based Blackberry Agrees To Sell Victoria's Secret Fashion Show

(credit ADEK BERRY/AFP/Getty Images)

(credit ADEK BERRY/AFP/Getty Images)

IRVING (CBSDFW.COM) - Irving-based smart phone company Blackberry has agreed to sell.

A group led by the struggling company’s largest investor is taking it private for $4.7 billion. Trading of Blackberry’s stocks halted ahead of Monday’s announcement.

Stocks dropped dramatically on Friday, when the company announced massive layoffs and a major loss in profits.

The Blackberry phone debuted in ’99 and was the dominant smart phone before the iPhone hit the market in 2007.

(©2013 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Latest News:

Top Trending: