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View Full Version : Reuters: Samsung has approached BlackBerry about a possible takeover



Wireless News
01-14-2015, 05:20 PM
http://l3.yimg.com/bt/api/res/1.2/hViPtbIdRLo1XIO0NUzJ2w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/blackberry-sign-chen.jpg (http://news.yahoo.com/reuters-samsung-approached-blackberry-possible-takeover-205732640.html)Although BlackBerry has officially been off the market for more than a year now, that apparently hasn’t stopped it from getting interested suitors. Reuters‘ Jennifer Ablan is reporting that Samsung has recently approached BlackBerry about the possibility of a takeover. Specifically, Ablan reports that Samsung is willing to buy BlackBerry “for as much as $7.5 billion, looking to gain access to its patent portfolio.” For some perspective on what this proposed sales figure means, consider that a consortium led by Fairfax Financial wanted to spend $4.7 billion to take the company private back in 2013. This means that in just the last year and a half, the company’s value has appreciated pretty significantly compared to where it was in the



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