Sweden's Fingerprint Cards calls in police over false bid report
STOCKHOLM (REUTERS) - Sweden's Fingerprint Cards said it would call in the police and financial watchdog after a fake press release saying Korean electronics giant Samsung would buy the biometrics firm sent its shares up 50 per cent.
The statement published by information provider Cision said Samsung would buy the firm for US$650 million (S$811 million) in cash.
"A false press release has gone out," Fingerprint Cards chief executive Johan Carlstrom said.
He said that the Swedish company, which produces fingerprint verification technology, had not had any discussions with the Korean firm.