Lenovo is world's largest PC shipper while Samsung is a relatively tiny player. Two years ago the company already decided to exit the European laptop market due to profitability issues.
According to the unconfirmed rumors, the two companies have been negotiating for several months and the talks are described as though so there's a good chance they'll fall through. Samsung reportedly seeks a price in excess of $850 million.
International law firm Paul Hastings is believed to be representing Samsung while Lenovo is being represented by Freshfields Bruckhaus Deringer. Samsung rarely reveals the numbers that its PC business brings in so it’s hard to estimate what it will be worth. The report claims that if a deal is reached it may be valued at more than $850 million, however, it does add that talks have continued for months but little progress has been made so far.Via: SAMMobile