Lenovo Mulling Bid for BlackBerry

Posted by at 12:47 pm on October 17, 2013

Lenovo is weighing whether or not it should purchase BlackBerry.

The company has signed a non-disclosure agreement with BlackBerry in order to gain access to its financial details, according to the Wall Street Journal. BlackBerry already has an offer on the table from Fairfax Financial Holdings, a private equity firm. Cerebus, another private equity firm, has also signed an NDA with BlackBerry to go over its books. Cerebus, Lenovo, and others have until November 4 to counter Fairfax’s offer.

Lenovo, based in China, makes laptops, tablets, and smartphones.

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