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Lenovo considers BlackBerry bid

Jennifer Scott

Lenovo is considering buying ailing mobile manufacturer BlackBerry, according to the Wall Street Journal.

Citing sources familiar with the matter, the paper claimed the Chinese PC and laptop manufacturer had signed a nondisclosure agreement with the Canadian firm so it was able to look at its accounts and weigh up the pros and cons of a deal.

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Neither company was willing to comment on “rumour or speculation.”

BlackBerry announced in August it was looking for a buyer and formed a committee to weigh up the options.

In September, it accepted an offer from one of its largest shareholders, Fairfax Financial Holdings, for $4.7bn but admitted it would still be willing to hear bids from alternative suitors.

Many companies have been associated with the buy-out, including Google, Microsoft and Cisco. However, no other formal bids have been made.


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