[Follow-Up] Both Samsung & Best Buy Deny Claims of an Investment/Merger

Discussion in 'Android Tablet News' started by dgstorm, Oct 7, 2013.

  1. dgstorm

    dgstorm Editor in Chief Staff Member

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    Just last week we reported rumors that Samsung was considering investing in Best Buy to help the floundering retailer. Both companies came forward recently to refute this. According to an emailed statement, they have not been negotiating for any kind of merger or investment agreement. Here's a quote with the details,

    While a firm denial sometimes can actually mean the opposite, in this instance, it seems likely to be true. Of course, we will continue to monitor this and let you guys know if anything changes.

    Source: BGR
     
  2. edap

    edap Senior Member

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    What else were they supposed say about these rumours. Blackberry and Cisco also made the same statement today about acquisition speculation. Nevertheless, Bberry stock jumped 4% on the news.
     

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