Is China's Lenovo Group Making A Bid For BlackBerry?
- Just as BlackBerry is close to returning to profitability, takeover rumors are surfacing.
- Internet chatter suggests Lenovo could make a bid for $15 - $18 per share.
- If BlackBerry returns to profitability it could fetch multiples of Lenovo's rumored offer.
- I recommend investors focus on BlackBerry's earnings fundamentals and ignore the rumors.