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Samsung rejects RIM acquisition rumours
Samsung has denied reports that it is set to bid for ailing Canadian BlackBerry maker Research In Motion (RIM), after a tech website quoted an unidentified source putting Samsung at the head of a pack of companies wanting to buy RIM or license its software. "We haven't considered acquiring the firm and are not interested in (buying RIM)," says spokesperson James Chung, adding that RIM has not approached the company. The acquisition rumour boosted RIM's share price by 10%, but since the denial the price has fallen back down. Samsung stock also fell by 1%.
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