>>> Lenovo says media report that it could acquire BlackBerry is not true - repo

Lenovo says media report that it could acquire BlackBerry is not true - report (translated)

Lenovo Group (OTCMKTS:LNVGY), the Chinese PC maker, said the media report that it could make an offer to acquire BlackBerry (NASDAQ:BBRY) (TSE:BB) is not true, the Chinese language sina.com reported, citing an unnamed source with knowledge of the business development of Lenovo. The report went on to cite another unnamed company source as saying that Lenovo will not comment on market rumour.

A report in Benzinga said Lenovo could make an offer to acquire Canadian smartphone maker BlackBerry for an initial bidding price of around USD 15 per share and final deal price of around USD 18 per share.


Source Sina.com