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Wireless News
01-14-2015, 07:20 PM
http://l3.yimg.com/bt/api/res/1.2/rwkwSbhLJl5r7kBHkCPX.Q--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/Part-DEL-Del6368265-1-1-0.jpg (http://news.yahoo.com/blackberry-denies-samsung-takeover-report-225701982--finance.html)Canadian smartphone maker BlackBerry's shares jumped before falling back Wednesday following a report, which the firm promptly denied, that it was in takeover talks with South Korea's Samsung. BlackBerry's share price gained US$2.89 in the last hour of trading, closing on the Nasdaq up almost 30 percent at US$12.60 before falling back sharply to $10.53 in after hours trading. "BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry," it said. A report out of New York had earlier said Samsung had approached BlackBerry with an offer last week.



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