Pawan Fangaria
New member
Last week I had learnt that Samsung is in talks with BlackBerry to buy the later, offering a price between $13.35 to $15.49, with a total value of ~$7.5B. However, hearing that the executives from both sides are denying about any talk on this, I held back.
However, today, again, the news has re-surfaced, read it here.
So, the smoke isn't without fire. We may hear that acquisition in due course until BlackBerry gets convinced on that valuation or Samsung may increase the price. BlackBerry board feels that after restructuring their business, they can get better valuation. Also, there are possibilities being discussed whether to buy part of BlackBerry or full, but strategically buying BlackBerry in full seems to be a better strategy for Samsung. Are we going to see this acquisition coming through?
However, today, again, the news has re-surfaced, read it here.
So, the smoke isn't without fire. We may hear that acquisition in due course until BlackBerry gets convinced on that valuation or Samsung may increase the price. BlackBerry board feels that after restructuring their business, they can get better valuation. Also, there are possibilities being discussed whether to buy part of BlackBerry or full, but strategically buying BlackBerry in full seems to be a better strategy for Samsung. Are we going to see this acquisition coming through?