Fairfax Financial has disclosed the names of the investors in the BlackBerry $1 billion deal in its regulatory filing, Wall Street Journal reports. This deal happened early this week after BlackBerry announced to discard its buyout plans and instead opted to stay public with new leadership team and raised $1 billion from investors. However, so far the names of the investors remained under papers. Now according to the disclosure by the Fairfax Financials, the list of BlackBerry s debt purchasers include Canso Investment Counsel Ltd. which has invested $300 million, Mackenzie Financial Corp. with $200 million investment, Brookfield Asset Management Inc., Markel Corp., and Qatar Holding LLC. Fairfax itself has bought $250 million worth of BlackBerry s convertible shares. Also Read - TCL will not design, manufacture or sell BlackBerry smartphones from August 31
Also, according to this filing, the company will be paying a huge $1 million remuneration to BlackBerry s Interim CEO and now appointed executive chairman John Chen, who has replaced Thorsten Heins. And apart from the $1 million base salary, Chen will also be entitled for a $2 million bonus depending up on the company s performance, and will get 13 million restricted shares of BlackBerry. These shares are evaluated to be worth over tens of millions of Dollars if the company starts shinning again, and neared $85 million on the basis of BlackBerry’s latest closing price of $6.51 on Nasdaq.