By: Tom Manning - January 21, 2015
Rumors were swirling about a possible acquisition of BlackBerry by Samsung until both companies denied the rumors this week. According to the Financial Post however, Samsung is still pursuing a BlackBerry takeover. The Financial Post says it has obtained a document that was for Samsung by New York-based independent investment bank Evercore Partners. The document supposedly the potential structure of a possible purchase of BlackBerry.
“I can tell you Samsung is contemplating a purchase,” said the source, who asked to remain anonymous because of the sensitive nature of the talks. “It’s still being pursued right now. Samsung is still evaluating their options. So it’s still very much an open deal.”
The document was prepared in Q4 2014, but the source says Samsung still has interest in BlackBerry despite the recent denials.
There is no way to validate the story, but it is very interesting. Why would Samsung want to buy BlackBerry? What would they gain? Perhaps it's simply an intellectual property play. Nobody knows. Source
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