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Samsung trying to buy Blackberry for $7.5 billion
Posted on 1/14/15 at 3:37 pm
Posted on 1/14/15 at 3:37 pm
LINK
What could go wrong?
quote:
Samsung Electronics Co Ltd (005930.KS) recently approached BlackBerry Ltd (BBRY.O) (BB.TO) about buying the company for as much as $7.5 billion, looking to gain access to its patent portfolio, according to a person familiar with the matter and documents seen by Reuters.
South Korea's Samsung proposed an initial price range of $13.35 to $15.49 per share, which represents a premium of 38 percent to 60 percent over BlackBerry's current trading price, the source said.
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.
What could go wrong?
4
Posted on 1/14/15 at 3:39 pm to colorchangintiger
I never would have thought Blackberry was worth $7.5 bil.
Posted on 1/14/15 at 3:42 pm to upgrayedd
quote:
I never would have thought Blackberry was worth $7.5 bil.
it's for the patents
Posted on 1/14/15 at 4:08 pm to colorchangintiger
I still see very important business men with BB. I don't know what it's worth but it has value
Posted on 1/14/15 at 4:15 pm to colorchangintiger
basically 
to apple
to apple
Posted on 1/14/15 at 4:42 pm to upgrayedd
quote:
I never would have thought Blackberry was worth $7.5 bil.
You and me both.
Posted on 1/14/15 at 5:23 pm to colorchangintiger
quote:
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.
BBRY denies everything.
Posted on 1/14/15 at 7:29 pm to colorchangintiger
frick you, Samsung.
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