Deals
BlackBerry Pegged at $12 Makes Reported Bid Look Good: Real M&A
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BlackBerry Ltd. may be trading below what it’s worth, but not by much.
The debate over its value was reignited Wednesday, when Reuters reported that Samsung Electronics Co. approached the Waterloo, Ontario-based company with an initial takeover offer of as much as $15.49 a share, which both companies later denied. The stock closed Thursday at $10.11. Some shareholders say the rumored bid is too low. Is it?