Regulators in the US and Canada are investigating trading activity around a report that Samsung was about to acquire BlackBerry. The regulators are looking into whether the rumor was floated by investors trying to profit on the spike of BlackBerry stock. It isn't clear who is being investigated or who profited from the reports.
Other reports were also published online claiming Samsung would pay $7.5 billion for BlackBerry. Were those reports false as well?
Jan. 14, Samsung had recently made an offer for BlackBerry, based in Waterloo, Ontario. The report, which said the two companies had held talks, cited a person familiar with the matter and documents seen by Reuters.
Other reports were also published online claiming Samsung would pay $7.5 billion for BlackBerry. Were those reports false as well?