January 15, 2015 / 12:07 PM / 3 years ago

BUZZ-BlackBerry Ltd: Denies sale talks

1 Min Read

** Canadian smartphone maker's U.S.-listed shares down 16.2 pct at $10.55 premarket

** BlackBerry says not engaged in discussions with Samsung Electronics Co Ltd with respect to any possible offer to purchase the company

** BlackBerry shares soared nearly 30 pct on Wednesday following a Reuters report that Samsung Electronics offered to buy it for as much as $7.5 bln. The report cited a person familiar with the matter and documents seen by Reuters.

** Samsung tells Reuters in Seoul that it has no plans to acquire BlackBerry

** Up to Wednesday's close, shares had risen nearly 47 pct in the past 12 months

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