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Samsung Seeks To Acquire Blackberry - Phones - Nairaland

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Samsung Seeks To Acquire Blackberry by romoruyi(m): 9:48am On Jan 16, 2015
Blackberry company (RIM) receives an offer recently from Samsung electronic about possible company acquisition for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market.

Samsung was said to have previously offered a price range of about 13.35 to 15.49 dollars per share. representing a premium of 38 percent to 60 percent over BlackBerry's current trading price.

Though an agreement has not be properly met by the two companies, Blackberry still thinks that the $7.5 billion offer by samsung is way out of line because it has taken a really great turn interms of it's growth in the competition of smartphone market between other company.

Personally i think Blackberry should back off from this offer made by samsung because there has been positive change in sales of it's devices in the hands of Chief Executive John Chen.

Get more Tech news from: https://revos-vision..com

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