Lenovo Reportedly Seeking Again to Buy BlackBerry
BlackBerry and Lenovo aren't commenting, but for the second time in a year a deal that has Lenovo buying BlackBerry is being rumored.An offer by Lenovo to buy BlackBerry is again in the news, one year after such a move was previously rumored in November 2013 but was reportedly dashed by Canadian authorities at that time due to security and other concerns. The latest rumor calls for Lenovo Group, a Chinese company, to make an offer for Canadian-based BlackBerry at $15 per share, according to a report by Benzinga.com, a financial Website. The offer, which was revealed by an unnamed source, could come as early as this week, the story reported. "The source said Lenovo's first offer would be $15 per share, with a deal ultimately getting done around $18 per share," the story stated. The previous Lenovo attempt to buy BlackBerry in November 2013 was scuttled when the Canadian government made it very clear that no Chinese company would be purchasing BlackBerry, according to an earlier eWEEK story. Lenovo had very seriously pursued a deal at that time, but Canadian regulators said that they "would not approve a Chinese company buying a company deeply tied into Canada's telecom infrastructure," according to the earlier report.
In January 2013, Lenovo Chief Financial Officer Wong Wai Ming told Bloomberg that Lenovo is always "looking at all opportunities," including BlackBerry and others.