Following in the footsteps of Google and Apple, the Wall Street Journal reports Blackberry is reportedly in the market to buy an ad network, with Millennial Media the number one target.
The paper's sources claim the two parties have been holding talks in recent months, with the proposed buyout on hold do to a disagreement over price.
price is going to be a big issue and why deals don't typically happen with stocks at lows. MM wants $20, while BBRY wants to pay $10. Something like that based on the current stock action.
Sentiment: Strong Buy