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Samsung says it's interested in working with BlackBerry, not buying it

2015-01-19 15:36:32| Electronics - Topix.net

Samsung Electronics Co. has no plans to buy BlackBerry Ltd., but would like to develop its partnership with the Canadian technology company.

Tags: it working interested buying

Samsung approaches BlackBerry on takeover - report

2015-01-15 08:46:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics recently offered to buy BlackBerry for as much as USD 7.5 billion, Reuters reports citing a person familiar with the matter and documents seen. Samsung is interested in acquiring BlackBerry's patents, as well as strengthening its position in the enterprise market. Samsung proposed an offer of USD 13.35-15.49 per share, representing a premium of 38-60 percent over BlackBerry's current trading price. Representatives from the two companies met last week to discuss the potential transaction, according to the report. BlackBerry denied it was in talks with Samsung on a possible takeover of the company. Samsung also told Reuters in Seoul that it has no plans to acquire Blackberry. Separately, Canadian newspaper Globe and Mail reported BlackBerry has shunned a handful of takeover overtures in recent months as its board and largest investor think its restructuring strategy will deliver greater shareholder value than current acquisition offers.

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BlackBerry: Another Curious Takeover Rumor

2015-01-15 08:35:51| IT Services - Topix.net

On Wednesday afternoon, shares of BlackBerry skyrocketed after a report that Samsung had approached BlackBerry about a potential acquisition. By the end of the day, shares were at a new 52-week high, and investors were very happy.

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BlackBerry says it hasn't engaged with Samsung over a potential takeover

2015-01-15 02:40:02| Electronics - Topix.net

A Canadian flag flies at BlackBerry's headquarters in Waterloo, Ont., July 9, 2013.Shares of BlackBerry Ltd. have jumped more than 29 per cent, up $3.42 to $15.02, following a news report that smartphone maker Samsung Electronics Co. Ltd. has offered to buy the company for as much as US$7.5 billion.

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