Thursday, 15 January 2015

Exclusive: Samsung wants to buyout BlackBerry for about $7.5 billion

Blackberry seem to be going through hard times after its keys feature, the BBM (ping) became available to other android powered mobile phones. Well according to the latest development in the mobile telecommunication industry as reported by Reuters; Samsung Electronics recently offered to buy BlackBerry Ltd (BBRY.O) (BB.TO) for as much as $7.5 billion, seeking its valuable patents as it battles Apple (AAPL.O) in the corporate market, according to a person familiar with the matter and documents seen by Reuters.
South Korea's Samsung (005930.KS) proposed an initial price range of $13.35 to $15.49 per share, representing a premium of 38 percent to 60 percent over BlackBerry's current trading price, the source said on Wednesday.

Executives from the two companies, which are working with advisers, met last week to discuss a potential transaction, the source said, asking not to be identified because the conversations are private.

6 comments:

  1. Samsung should buy Blackberry so that we will enjoy more and more features.ahahahahahahah.......Samsung is very strong and growing well.

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  2. That is a smart move, they will only have Iphone to deal with that way

    ReplyDelete
  3. I don't think buying it is good because BlackBerry is not only dieing they are growing so no one should be thinking about buying the company or is Samsung afraid of BlackBerry maybe dy will spoil there market with good products?? EMAIL:okecharles246@gmail.com

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  4. @oke charles
    You are wrong. Samsung isn't afraid of common BlackBerry. BlackBerry is dead and that is why samsung wants to bring them back to life.

    ReplyDelete
  5. so very soon will have samberry!!!

    ReplyDelete

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