BlackBerry denies Samsung buyout rumors

BlackBerry denies Samsung buyout rumors

After rumors started spreading earlier today that Blackberry was in the midst of talks to be acquired by Samsung – causing its stocks to rise suddenly by 29 percent – the company has offered an official comment: it “has not engaged with Samsung with respect to any possible offer to purchase BlackBerry.”

Blackberry then goes on to say its policy is not to comment on rumors – how nice of them to make an exception – and will talk no further about the matter.

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Here’s the full statement:

BlackBerry Limited (NASDAQ:BBRY)(TSX:BB) (“BlackBerry”) is aware of certain press reports published today with respect to a possible offer by Samsung to purchase BlackBerry. BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry. BlackBerry’s policy is not to comment on rumors or speculation, and accordingly it does not intend to comment further.

In all, it looks like the rumors amounted to no more than speculation; we’ll update if we hear more.

➀ BlackBerry responds to media report [BlackBerry]

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