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Samsung reportedly keen to acquire Blackberry despite denials

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ANI Washington
Last Updated : Jan 23 2015 | 4:25 PM IST

Samsung is reportedly keen on acquiring Blackberry despite denials by both companies.

An earlier report had suggested that the two companies were in talks over a possible takeover. However, both Samsung and Blackberry rebuffed the news as rumors.

A new report in the Financial Post cites a document prepared for Samsung by New York investment bank Evercore Partners in late 2014, which reportedly outlines the case for an acquisition as well as suggesting the possible structure for such a purchase, the Verge reports.

The report further added that BlackBerry was still being pursued and Samsung was still evaluating their options, pointing towards an open deal.

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First Published: Jan 23 2015 | 4:14 PM IST

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