BlackBerry bid is credit negative for Fairfax-Moody's

TORONTO, Sept 24 Tue Sep 24, 2013 3:19pm EDT

TORONTO, Sept 24 (Reuters) - Fairfax Financial Holding Ltd's plan to lead a consortium to buy BlackBerry is credit negative for Fairfax but does not have rating implications, Moody's Investors Service said on Tuesday.

Moody's currently rates Fairfax as Baa3 stable.

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