Samsung Interested In Buying BlackBerry Ltd [REPORT]

2
Samsung Interested In Buying BlackBerry Ltd [REPORT]
user1462590383 / Pixabay

BlackBerry shares soared by more than 25% suddenly after a report from Reuters suggested Samsung had approached the company about possibly buying it out. According to the report, the Korean electronics giant suggested it would pay between $13.35 and $15.49 per share for the struggling Canadian smartphone maker.

That represents a premium of between 38% and 60% over BlackBerry Ltd (NASDAQ:BBRY) (TSE:BB)’s share price before the Reuters report. Executives for both companies were said to have met last week to discuss the possibility. The offer would plac