BlackBerry and Samsung both shot down rumors last week that Samsung was interested in buying BlackBerry. But investors are ignoring those denials.
Shares of BlackBerry (BBRY, Tech30) soared nearly 6% Thursday following another report suggesting that Samsung really wants to do a deal.
In that document, Evercore suggested that Samsung try to get influential BlackBerry shareholder Prem Watsa to support a deal, The Financial Post reported.
Watsa is chairman and CEO of Toronto-based Fairfax Financial Holdings (FRFHF), an insurance and investment firm.
Fairfax owns a nearly 9% stake in BlackBerry, making it the second largest investor in the company. Fairfax is often compared to Berkshire Hathaway (BRKB) and Watsa has been described as Canada's Warren Buffett.
Source:
http://money.cnn.com/2015/01/22/investing/blackberry-samsung-rumors/
