Samsung

Regulators probe reported Blackberry acquisition rumors
Driving up the price

Regulators probe reported Blackberry acquisition rumors

Dan Thorp-Lancaster 92

When it was rumored that Samsung was in talks to purchase BlackBerry last month, one of the major side-effects was that BlackBerry's stock price skyrocketed. Now, regulators from both the U.S. and Canada are reportedly investigating trading activity around the time of the rumor in order to ascertain whether it was started to profit from the resulting surge in BlackBerry's stock price...