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MOBILE NEWS: Blackberry announces possible sale

BlackBerry has formed a special committee to explore various future options for the mobile giant, including joint ventures or sale.

BlackBerry has said there can be no assurance that this process will result in any transaction.

Meanwhile, Prem Watsa, chairman and CEO of Fairfax Financial, resigned because of potential conflicts that may arise during the process: "I continue to be a strong supporter of the company, the board and management as they move forward during this process, and Fairfax Financial has no current intention of selling its shares."