Trade Resources Company News Yang Yuanqing, CEO of Lenovo Said the Possible Acquisition of BlackBerry

Yang Yuanqing, CEO of Lenovo Said the Possible Acquisition of BlackBerry

Yang Yuanqing, CEO of Lenovo Said may consider the acquisition of the BlackBerry. Affected by this news, the BlackBerry rose 14% on Monday.

BlackBerry began to examine various strategic choices since last year, the reason was that its share has been invaded by apple and Samsung, which causing the guess that BlackBerry may become acquisition targets.

For BlackBerry, the Government of Canada will automatically investigate on the companies’ overseas takeover, whose asset value over 344 million Canadian dollars (about 335 million U.S. dollars), to determine whether the transactions are in line with the interests of the country.

That day, blackberry shares rose 1.84 dollars on the NASDAQ trading, closed at $14.90, an increase of 14.09%, recorded a the highest increase since February 4th. So far this year, BlackBerry 's stock has risen 26%.

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