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BlackBerry bid talk reignites [Scotsman, The (Scotland)]
[October 21, 2014]

BlackBerry bid talk reignites [Scotsman, The (Scotland)]


(Scotsman, The (Scotland) Via Acquire Media NewsEdge) Canadian technology group BlackBerry is the focus of renewed speculation that Chinese computer maker Lenovo could make a takeover offer.A Chinese news website cited an unnamed source close to the companies saying that an approach could come as early as this week. Lenovo and BlackBerry both said they did not comment on speculation.Rumours of a Lenovo bid have swirled many times over the last two years. Senior Lenovo executives have at different times indicated an interest in BlackBerry as a means to strengthen its own handset business. The speculation reached a crescendo in the fall of 2013, when BlackBerry was exploring strategic alternatives.Analysts have said any sale to Lenovo would face regulatory obstacles, but suggested that a sale of just BlackBerry's handset business and not its core network infrastructure might win approval.



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