Lenovo considers acquisition of BlackBerry ------------------------------------------------------------------- China’s Lenovo Group is considering a bid for struggling smartphone maker BlackBerry, according to The Wall Street Journal. The newspaper, quoting “people familiar with the matter,” said the Chinese electronics company had signed a non-disclosure agreement with BlackBerry that allows it to examine the Canadian company’s financial accounts. BlackBerry declined to comment directly on the report. It said its special committee, formed to examine the future of the company, is looking at strategic alternatives. We do not intend to disclose further developments with respect to the process until we approve a specific transaction or otherwise conclude the review of strategic alternatives, the company said in a statement.
Posted on: Mon, 21 Oct 2013 12:00:00 +0000
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