BlackBerry +8.4% AH following Facebook/WhatsApp deal

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor

BlackBerry (BBRY) has shot higher following news Facebook is acquiring mobile messaging leader WhatsApp for $16B up-front + $3B in restricted stock units.

Investors are betting the deal will spell a higher valuation for BBM, which had added 40M+ Android/iOS users as of December to go with its BlackBerry base. WhatsApp currently had 450M monthly active users.