Samsung Denies Reuters Report on Blackberry Takeover

South Korea’s Samsung Electronics has denied that it had bid to buy Canada-based smartphone-maker Blackberry as reported by Reuters based on sources close to the deal. “Media reports of the acquisition are groundless,” a Samsung spokeswoman said.

Samsung recently offered to buy BlackBerry for as much as $7.5 billion, seeking its valuable patents as it battles Apple in the corporate market, according to a person familiar with the matter and documents seen by Reuters.

Blackberry said in a statement that it had not engaged in talks with Samsung about any purchase offer.

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