BlackBerry saw its shares rise 14% yesterday on March 11 on speculation that the company may be target of a takeover bid from Lenovo.
Lenovo chief executive Yang Yuanqing told Les Echos that the Chinese computer maker may look at buying BlackBerry in the future.
Analysts are sceptical about a potential BlackBerry takeover. A Wells Fargo analyst says in a research note that a BlackBerry takeover is improbable, particularly over the near-term. A Morningstar analyst said that Lenovo may have trouble obtaining Canadian regulatory approval to buy BlackBerry.