Market Overview

Every BlackBerry M&A Rumor That Turned Out To Be False

Every BlackBerry M&A Rumor That Turned Out To Be False
Related AAPL
Benzinga's Weekly Bulls & Bears: Apple, Eli Lilly, GE, Nike And More
Apple Unveils $350 Billion Investment Roadmap, To Pay Record Tax
Wall Street Breakfast: What Moved Markets This Week (Seeking Alpha)

Another day, another BlackBerry Ltd (NASDAQ: BBRY) buyout rumor.

This time it was Apple Inc. (NASDAQ: AAPL) that was the rumored buyer (again), and it turns out that the source of the rumor, an article published by The Inquirer, was a recap of a previous rumor that drove BlackBerry shares up nearly 6 percent earlier this week.

The BlackBerry rumors have gotten so out of control lately that many onlookers, including Jacob Wolinsky, are wondering:

While a comprehensive list of every BlackBerry rumor would be nearly impossible to put together, here’s a group of some of the major BlackBerry rumors in the past several years.

1. Apple Buyout: 5/11/2015

This rumor is the freshest of all, and the debate over whether or not this latest Apple/BlackBerry gossip has merit rages on.

2. Huawei buyout: 4/1/2015

Blackberry shares reacted to an article (in Chinese) published on that suggested that the Chinese company Huawei might be interested in acquiring BlackBerry.

3. Samsung Buyout: 1/14/2015

BlackBerry shares surged 30 percent in January, as the market seemed to take the rumors that Samsung Electronics Co . Ltd (OTC: SSNLF) was interested in acquiring BlackBerry for up to $7.5 billion particularly seriously.

4. Qualcomm Consortium Buyout: 11/1/2013

A group that included QUALCOMM, Inc. (NASDAQ: QCOM), Cerberus Capital Management, and BlackBerry co-founders Mike Lazaridis and Doug Fregin made a joint bid for BlackBerry in 2013, but the deal ended up falling apart.

5. Facebook Buyout: 10/29/2013

Back in 2013, there was a rumor around Wall Street that Facebook Inc (NASDAQ: FB) might acquire BlackBerry to enter into the hardware business.

6. Lenovo Buyout: 10/17/2013

Chinese PC company Lenovo Group Limited (OTC: LNVGY) was reportedly weighing a BlackBerry takeover, but the company never pulled the trigger.

7. Google/Samsung/Intel/LG/Cisco Buyout: 10/4/2013

Some rumors come straight from BlackBerry itself, including the rumors of a takeout by Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Intel Corp (NASDAQ: INTC), LG Display Co Ltd (NYSE: LG), Cisco Systems Inc (NASDAQ: CSCO), or Samsung after BlackBerry reportedly talked to all of these companies about a buyout back in 2013.

8. Fairfax Financial Buyout: 9/23/2013

BlackBerry actually agreed to a $4.7 billion buyout deal with Fairfax Financial Holdings Limited (OTC: FRFHF) to take the company private, but the deal ended up falling through.

9. IBM Buyout: 9/4/2012

Way back in 2012, International Business Machines Corp (NYSE: IBM) was interested in a potential acquisition of BlackBerry for its BlackBerry Messenger service and its worldwide server network, but a deal never materialized.

10. Oracle Buyout: 4/17/2012

Once upon a time, even Oracle Corporation (NYSE: ORCL) was interested in taking over BlackBerry and entering the smartphone business, but the asking price was reportedly too high at the time.

11. Microsoft And Nokia Buyout: 12/20/2011

Microsoft Corporation (NASDAQ: MSFT) and Nokia Corporation (NYSE: NOK) once reportedly considered a joint takeover of BlackBerry back in 2011.

12. Amazon Buyout: 12/20/2011

Prior to the launch of its own Fire Phone,, Inc. (NYSE: AMZN) reportedly went as far as hiring an investment bank to look into an offer to buy BlackBerry for a launch into the mobile phone business.

Disclosure: the author holds a short position in Amazon.

Posted-In: Blackberry BlackBerry rumorsNews Rumors Top Stories Tech Best of Benzinga


Related Articles (AAPL + AMZN)

View Comments and Join the Discussion!