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Document Shows Samsung's Interest in Buying Blackberry

News by Luke Jones on Friday January 23, 2015.

samsung news · industry news · luke jones

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In the space of a week, the story that Samsung could buy Blackberry in a $7.5 billion deal has turned into a mini saga. Reuters first reported the news last week, claiming to have seen documental evidence, but Blackberry denied the story, while Samsung said they would work with Blackberry but not buy the company. Reuters stuck to its guns though on the back of that documental evidence and it seems that document has now surfaced.

The Financial Post obtained the document that was written at the end of 2014 by Evercore Partners, and investment bank working for Samsung. The document details reasons why Samsung would want to buy Blackberry, while the terms of the potential deal are also laid out. So, it seems Blackberry and Samsung have at least discussed the possibility of a purchase, and even though Samsung says there is no deal, sources close to the company say the Korean giant is still interested.

source: Financial Post

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Luke Jones
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.

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