Samsung Wants To Buy BlackBerry For $7.5 Billion
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Marry Najar
Dec 7, 2023, 5:03:29 AM12/7/23
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Now, according to Reuters, Samsung wants to "gain access" to BlackBerry's patent portfolio and has therefore offered to buy the company for as much as $7.5 billion. Executives from the two companies supposedly met last week to discuss the potential buyout.
Samsung wants to buy BlackBerry for as much as $7.5 billion, Reuters reports. And while the deal is far from done -- in fact, both companies are denying it -- the news was enough to send BlackBerry shares soaring in Wednesday afternoon trading. The stock jumped nearly 30 percent to close at $12.60.
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