<p>BlackBerry Ltd. (BBRY), the strugglingsmartphone maker, extended the deadline for its lenders to buyas much as $250 million in convertible debt, letting them seeits latest financial figures before making a decision.</p><p>The investors, including Fairfax Financial Holdings Ltd. (FFH),now have until Jan. 13 to commit to acquiring the debtinstruments, BlackBerry said yesterday in a statement. Thecompany reports fiscal third-quarter results on Dec. 20.</p><p>Fairfax and other lenders acquired $1 billion inconvertible debt last month, giving BlackBerry a chance at aturnaround after ceding market share to Apple Inc. and SamsungElectronics Co. The deal included the option for the investorsto acquire the additional debt later on.</p><p>BlackBerry, based in Waterloo, Ontario, slid 1 percent to$5.91 at the close yesterday in New York, before the extensionwas announced. The shares have dropped 50 percent this year.</p><p><a href="http://www.bloomberg.com/news/2013-12-12/blackberry-gives-lenders-more-time-to-decide-on-additional-debt.html">Keep reading...</a></p><p>Read also:</p><p><a href="http://www.chicagotribune.com/business/sns-rt-us-blackberry-debt-20131213,0,2364022.story">BlackBerry extends key deadline to boost capital raise</a> (Chicago Tribune)</p><p><a href="http://www.reuters.com/article/2013/12/13/blackberry-debt-idUSL2N0JS0BE20131213">UPDATE 1-BlackBerry extends deadline to boost capital increase</a> (Reuters)</p><p><a href="http://buzz.money.cnn.com/2013/12/10/blackberry-stock-2014/">BlackBerry: Not dead yet! Seriously</a> (CNN)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dhBSWjSHs0WzimMIYLIj3Ab7aB0NM&ned=us">81 additional articles.</a></p>