Lenovo faces risks with potential BlackBerry deal, WSJ reports

theflyonthewall.com

An acquisition of BlackBerry (BBRY) by Lenovo Group (LNVGY) may offer few benefits and more risks, reports the Wall Street Journal. Investors dumped shares of Hong Kong-listed Lenovo today, wiping out about $270M off its market capitalization following news that the Chinese PC maker signed a nondisclosure agreement to look at BlackBerry's books as it considers a possible acquisition.

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