Thursday, January 15, 2015

BlackBerry denies negotiations with Samsung – Financial Journal

BlackBerry denied being in talks with Samsung, after Reuters claimed yesterday that Samsung had made a proposal to acquire the Canadian company for US $ 7,500 million.

BlackBerry shares fell 13% to US $ 11 in late trading in New York.

Reuters said, citing a person familiar with the matter and some documents that Samsung would have made a first approximation an initial offering price range of US $ 13 35 to US $ 15.49 per share, representing a premium of between 38% and 60% over the current trading price of the Canadian firm.
Reuters also said that executives of the two companies had gathered last week

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