back to article Samsung BlackBerry gobble DENIED: We're not for sale to Sammy – execs

Samsung was today rumored to be eyeing up acquiring BlackBerry for $7.5bn – until the Canadian biz point-blank shot down the anonymous claims within hours later. Reuters cited unnamed well-placed sources in announcing the South Korean giant was in talks with BlackBerry so it could snap up the troubled phone maker's patent …

  1. Breen Whitman

    "BlackBerry shares jumped up 30 per cent following Reuters' claims, and fell to 15 per cent up"

    I wonder who fed the info to Reuters? I wonder if the source contains the letters abceklr and y, and spells the same word as the fruit, a blackberry.

  2. Anonymous Coward
    Anonymous Coward

    Blackberry is NOT for sale

    Blackberry: "BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry".

    Otto von Bismarck: "Never believe a rumor unless it's been officially denied".

    1. AMBxx Silver badge

      Re: Blackberry is NOT for sale

      Maybe Blackberry are buying Samsung?!?!?!?

      Seriously though, BB are slowly getting their act together. Any potential buyer is a year too late.

    2. macjules

      Re: Blackberry is NOT for sale

      You can always trust Blackberry to pluck disaster from the jaws of victory.

  3. This post has been deleted by its author

  4. Anonymous Coward
    Anonymous Coward

    It's a wind up... seems that Kevin at Crackberry made a joke about John Chen, a contract and an S-pen to sign it with in a Las Vegas hotel room and someone perhaps took it seriously.

    Reports are that John Chen is quite unamused about it.

  5. Anonymous Coward
    Anonymous Coward

    Not too surprising

    Not too surprising that Samsung approached BlackBerry. A lot of BlackBerry talent was poached by Samsung in the last couple years, some at the exec level. These people would be intimately familiar with the under-appreciated assets that BlackBerry still has, and could form a chorus within Samsung encouraging it to make a go for BlackBerry before others catch on.

    However, I don't think any buyer will offer BlackBerry close to enough for it to sell. Prem Watsa and John Chen are likely still aiming to get the company back to at least a $20B valuation again.

  6. Jonathan 27

    Why sell out when you can continue to run the company in the ground? $7.5bn is more than it's worth.

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