TORONTO – Chinese PC maker Lenovo Group Ltd. is considering a bid for troubled Canadian smartphone-maker BlackBerry, according to a report by the Wall Street Journal.
Citing people familiar with the matter, the WSJ reported Thursday that Lenovo has signed a “non-disclosure” agreement that enables it to examine BlackBerry’s financial books.
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Fairfax Financial, BlackBerry’s largest shareholder, has already made a conditional takeover bid worth US$9 per share and values the company at US$4.7 billion.
Global News contacted Lenovo Thursday in regards to the report.
A spokesperson for the company declined to comment, stating they do not comment on rumors or speculation in the market.
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