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UPDATED: Hot off the press: Samsung has approached BlackBerry for acquisition of $7.5 billion

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UPDATED: Hot off the press: Samsung has approached BlackBerry for acquisition of $7.5 billion

Hot off the press is an unique from Reuters who stories that Samsung has approached BlackBerry for an acquisition for up to $7.5 billion. Shares skyrocketed in the remaining 10-15 mins of the buying and selling day as discussions among the firms have stated to have took place someday ultimate week, with each events declining to remark. Samsung is taking a look to buy BlackBerry for it’s patent portfolio, which incorporates 40,000 patents. Samsung has presented among $13.35 and $15.49 in keeping with percentage, which provides BlackBerry stocks a top class of 38 to 60 according to cent of what the present industry worth is ($9 ish). This places BlackBerry’s Enterprise holdings and services value as much as $7 billion. This isn't the first time a rumor a few Samsung BlackBerry buyout, however this one simply will have a few legs, bearing in mind the source. What do you men make of the information? Could this be the starting of the finish? Or the realisation that BlackBerry would possibly simply be value greater than $7 billion and skyrocket BBRY/BB.TO stocks – the starting to what the BBRY longs have longed yearned for. (A realize O have!) Source: Reuters UPDATED: BlackBerry has denied being in talks with Samsung.  Press Release: Waterloo, ON – BlackBerry Limited (NASDAQ: BBRY; TSX: BB) (“BlackBerry”) is mindful of sure press reviews revealed lately with appreciate to a imaginable be offering by way of Samsung to buy BlackBerry. BlackBerry has now not engaged in discussions with Samsung with appreciate to any imaginable be offering to buy BlackBerry. BlackBerry’s coverage isn't to touch upon rumors or hypothesis, and subsequently it does now not intend to remark additional.

Bilaal Saghir - UPDATED: Hot off the press: Samsung has approached BlackBerry for acquisition of $7.5 billion - BlackBerry Empire

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