BlackBerry denies claims of $7.5 billion Samsung buyout

Earlier today a rumor appeared through CNBC that Samsung was considering buying up BlackBerry for its patents. After getting a nice 21% bump to its stock price, BlackBerry has officially denied the claims in a new statement:

BlackBerry Limited (NASDAQ:BBRY)(TSX:BB) (“BlackBerry”) 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’s policy is not to comment on rumors or speculation, and accordingly it does not intend to comment further.

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