The Financial Post is reporting that last weeks report that Samsung was looking to buy BlackBerry might actually be true. Here’s a quote:
A document obtained by the Financial Post, prepared for Samsung by New York-based independent investment bank Evercore Partners, outlines the case for, and the potential structure of a possible purchase of BlackBerry.
The document was prepared in the last quarter of 2014, but a source familiar with the matter said that Samsung still remains very interested in acquiring all or part of BlackBerry for the right price.
“I can tell you Samsung is contemplating a purchase,” said the source, who asked to remain anonymous because of the sensitive nature of the talks. “It’s still being pursued right now. Samsung is still evaluating their options. So it’s still very much an open deal.”
As I type this BlackBerry stock is up almost 9%. Neither side is saying anything at the moment. That could mean something or nothing. We’ll have to wait and see.
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This entry was posted on January 22, 2015 at 11:05 am and is filed under Commentary with tags BlackBerry, Samsung. You can follow any responses to this entry through the RSS 2.0 feed.
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Samsung Still After BlackBerry?
The Financial Post is reporting that last weeks report that Samsung was looking to buy BlackBerry might actually be true. Here’s a quote:
A document obtained by the Financial Post, prepared for Samsung by New York-based independent investment bank Evercore Partners, outlines the case for, and the potential structure of a possible purchase of BlackBerry.
The document was prepared in the last quarter of 2014, but a source familiar with the matter said that Samsung still remains very interested in acquiring all or part of BlackBerry for the right price.
“I can tell you Samsung is contemplating a purchase,” said the source, who asked to remain anonymous because of the sensitive nature of the talks. “It’s still being pursued right now. Samsung is still evaluating their options. So it’s still very much an open deal.”
As I type this BlackBerry stock is up almost 9%. Neither side is saying anything at the moment. That could mean something or nothing. We’ll have to wait and see.
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This entry was posted on January 22, 2015 at 11:05 am and is filed under Commentary with tags BlackBerry, Samsung. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.