Samsung denies 7.5 billion dollar takeover of BlackBerry rumors

Samsung's Wednesday response to Samsung's intention to buy the BlackBerry for 7.5 billion dollars was groundless and unfounded.

Samsung Electronics, the world's largest smartphone maker, has been in contact with the BlackBerry recently, preparing to buy the latter at a maximum of $7.5 billion, Reuters quoted sources as saying in Wednesday. It is reported that Samsung Electronics acquisition of BlackBerry, designed to obtain the latter's patented technology. The source said Samsung Electronics proposed the initial acquisition price of 13.35 U.S. dollars to 15.49 U.S. dollars, compared to the BlackBerry's current share price premium of 38% to 60%. Boosted by the news of Samsung's takeover, the BlackBerry's share price rose sharply in Wednesday at the close of the Nasdaq stock market, soaring 2.88 dollars, or 29.66%, to $12.59. According to the BlackBerry's Wednesday closing price, the company is worth about $6.58 billion trillion.

In response to the rumours, the BlackBerry said in a statement in Wednesday that "the BlackBerry is aware of a news release today about the issue of Samsung Electronics likely to bid for the BlackBerry." BlackBerry did not negotiate with Samsung Electronics about possible bids for a BlackBerry. The BlackBerry policy is not to comment on market rumors or suspicions, so the company will not comment further. ”