Earlier this afternoon, Reuters reported executives from BlackBerry and Samsung had met to discuss a possible takeover bid of the Canadian company for an estimated $7.5 billion.
BlackBerry, who usually stays quiet on reports like this, has just published a press release (see below) denying that any such talks took place.
BlackBerry Responds to Media Report
WATERLOO, ONTARIO–(Marketwired – January 14, 2015) – BlackBerry Limited (NASDAQ: BBRY)(TSX: BB) (“BlackBerry”) is aware of certain press reports published today with respect to a possible offer by Samsung to purchase BlackBerry. BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry. BlackBerry’s policy is not to comment on rumors or speculation, and accordingly it does not intend to comment further.
A global leader in mobile communications, BlackBerry® revolutionized the mobile industr y when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Company trades under the ticker symbols “BB” on the Toronto Stock Exchange and “BBRY” on the NASDAQ. For more information, visit www.BlackBerry.com.
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