From CNET: Samsung executives met with BlackBerry last week with an acquisition offer that was as high as $7.5 billion, according to Reuters, which cited an unnamed source. The Korean tech titan reportedly proposed an initial range of $13.35 to $15.49 a share, representing a 37.4 percent to 59.5 percent premium over its closing price on Tuesday.
Shares closed up 30 percent to $12.59 on Wednesday.
BlackBerry later issued a statement denying that it had engaged in discussions with Samsung on a potential acquisition. The company declined to comment further.
A combination would wed Samsung, the world's largest smartphone maker, with BlackBerry, a company that watched its vast market position in the mobile world evaporate, but retains critical corporate and government clients. Samsung is looking to access BlackBerry's extensive patent portfolio, which is geared toward mobile technology, according to Reuters.
A Samsung spokesman called the report "groundless."
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