BY: ECONOMIC & FINANCE REPORT
Potential gossip talks, suggest that Samsung is eyeing Blackberry for 7-8 billion dollar buyout. Executives from both sides met last week about this latest mobile technology acquisition.
Executives from Blackberry believe though for the deal to actually go through the # over $7 billion has to be initiated… Blackberry believes the company’s value is way more then the $7 billion dollars offered by any company, and they have turned down many deals within that price range as well.
The deal could come under scrutiny from investors, shareholders, and US regulators alike… Blackberry investors and shareholders deem the deal to be unreasonably too low an offer as indicated, and regulators would deem the deal doomed because Samsung does not have majority control as far as price shares in the company. So there are philosophical differences on all sides.
Though, we do not know all details of such a merger between both companies, and if it would even pan out, Samsung and Blackberry have engaged in a security pact between each other, which originated this past November. The security partnership aligns Blackberry’s security platform with Samsung’s security software…