NEW YORK ( TheStreet) -- On Monday it was announced that Fairfax Financial submitted a letter of intent to take BlackBerry (BBRY - Get Report) private at $9 per share. ZTWealth's Chief Economist and Strategist Max Wolff tells TheStreet's Brittany Umar why there's still room for optimism.At $9 per share, the offer is essentially paying $2 billion above cash levels, Wolff said. Meaning that without including cash, the offer suggests the rest of BlackBerry -- the intellectual property, licensing agreements, brand name and IP -- is only worth a little over $2 billion.
[video] Quick Take: BlackBerry Buyout-Drama Begins
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