Sources: Samsung Electronics could give $7.5 billion for BlackBerry (Update 2)
South Korea's Samsung proposed an initial price range of $13.35 to $15.49 per share, which represents a premium of 38 percent to 60 percent over BlackBerry's current trading price, the source said.
BlackBerry shares closed nearly 30% higher on rumors but then fell down as much as 16%.
The offer price would imply an enterprise value of $6 billion to $7.5 billion for BlackBerry, assuming conversion of $1.25 billion of convertible debt, according to the documents seen by Reuters.
After jump in share price BlackBerry issued the following statement: "BlackBerry Limited is aware of certain press reports published today with respect to a possible offer by Samsung to purchase BlackBerry. BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry."
BlackBerry shares closed nearly 30% higher on rumors but after the statement from BlackBerry shares fell as much as 16%.
Samsung Electronics spokeswoman told on Thursday that it had no plan to buy Canada's Blackberry Ltd: "Media reports of the acquisition are groundless." ■