On January 15, Samsung Electronics officially denied rumors about its possible acquisition of BlackBerry.Some U.S. media, including CNBC, reported that Samsung is pushing to acquire a Canadian smartphone maker BlackBerry.
Samsung Electronics is quoted as attempting to take over BlackBerryfor up to $7.5 billion as part of an effort to secure the latter’s patents.The reports said that Samsung is likely to acquire BlackBerryat a per-share price of $13.35-$15.49, which is a level 38-60 percent higher than the current share price of the company.
According to an official who spoke on condition of anonymity, the CEOs of the two companies met last week to discuss the terms of the deal.
About these reports, BlackBerryand Samsung Electronics both said that the rumors are groundless. After rising by about 28 percent along with the spread of the rumors, the share price of BlackBerrytumbled sharply after it officially denied the rumors.
