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Lenovo considers bid for BlackBerry - report

2013-10-18 09:12:00| Telecompaper Headlines

(Telecompaper) Lenovo is actively considering a bid for all of BlackBerry, people familiar with the matter told the Wall Street Journal. Bids for BlackBerry are due by 04 November, according to the paper's sources. Last month, BlackBerry reached a preliminary USD 4.7 billion buyout deal with Fairfax Financial Holdings, one of its largest shareholders. Others that have been considering BlackBerry bids include Cerberus Capital Management, which has also signed a non-disclosure agreement to look at the company's books, and BlackBerry co-founders Mike Lazaridis and Doug Fregin, who recently disclosed their interest in a public filing. China-based Lenovo is already bigger than BlackBerry in the smartphone market, accounting for 4.7 percent of global sales in Q2 versus 2.7 percent for BlackBerry, according to Gartner.

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Lenovo weighing BlackBerry bid - sources

2013-10-18 02:00:00| Total Telecom industry news

Chinese PC maker signs NDA to get a look at Canadian smartphone maker's books.

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BlackBerry deal would be a risk for Lenovo

2013-10-18 02:00:00| Total Telecom industry news

$270 million wiped off Chinese PC maker's shares after sources claimed it was mulling a bid for the Canadian smartphone maker.

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Report: Lenovo considering acquisition of BlackBerry

2013-10-17 22:29:40| InfoWorld: Top News

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.

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Cerberus explores acquiring BlackBerry

2013-10-16 23:21:42| InfoWorld: Top News

Private equity firm Cerberus Capital Management is reportedly considering a bid to acquire all of ailing BlackBerry. The Bloomberg news service, citing a person close to the situation, reported Wednesday that Cerberus is in the early stages of weighing an offer and has signed an agreement with BlackBerry to gain access to its financial information for more insights.

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