Following the exit of BlackBerry's CEO, the company's shares dropped to 16%. On Monday, BlackBerry Ltd had abandoned plans to sell and its CEO had stepped down.

Canada-based private equity firm Lynx Equity bought lighting fixtures maker Valuelight Limited. Lynx Equity announced its purchase of Valuelight Limited.

RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.

Smartphone pioneer BlackBerry dropped its plans for a buyer search and fired its CEO Thornsted Heins.

A poll taken by AP-CNBC showed that almost half of active investors think that Twitter is a bad buy.

MediaSpike raised USD5.2 million from investors for the placement of ads in mobile and social games.

The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.

CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.

Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company

Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.