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Last updated: January 22nd, 2015 at 09:36 UTC+01:00
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The document was prepared by Evercore Partners, an investment bank based in New York, in the last quarter of 2014 for Samsung and it makes the case for a purchase of BlackBerry. A source tells the scribe that Samsung is still interested in either acquiring BlackBerry or purchasing a substantial stake in the company for the right price.
Top executives from both Samsung and BlackBerry denied the acquisition report. J.K. Shin, Samsung co-CEO, said recently that while the company wants to use BlackBerry technology in future devices they're not interested in an acquisition right now.
BlackBerry denied the report as well and pointed out that the board expresses full confidence in the leadership of CEO John Chen and believes that the company will be able to create more value for shareholders working independently in the market particularly after the turnaround efforts that have placed it on a growth trajectory once again.
Adnan Farooqui is a long-term writer at SamMobile. Based in Pakistan, his interests include technology, finance, Swiss watches and Formula 1. His tendency to write long posts betrays his inclination to being a man of few words.
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