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| VIEW EVENT INFORMATION: Blackberry |
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Samsung Reportedly Approached BlackBerry |
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About the organization Blackberry:
Type: Business
Sub-Types: Telecommunication, Telecommunication Hardware, Telecommunication Software |
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Notable Organizations: Blackberry, Techcrunch
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| Samsung has approached BlackBerry with potential takeover offers, according to a report from Reuters today. The Korean company offered as much as $7.5 billion for the Canadian company, with an interest specifically in the smaller company’s patent portfolio.
The offer by Samsung ranges between $13.35 and $15.49 per share, which would represent between 38 and 60 percent of the company’s value as trading at the time the news broke. The conversation is apparently ongoing, per Reuters, with a meeting occurring last week between company executives and advisers to the possible deal. |
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