- BlackBerry (BBRY +2.6%) is trading slightly below the $9/share buyout price agreed to with a Fairfax-led consortium. For now at least, investors aren't betting on a higher bid arriving.
- BlackBerry says the consortium is seeking financing from BofA/Merrill and BMO to help pay for its bid, and that the deal is still subject to due diligence, among other conditions.
BlackBerry resumes trading, shares at $8.92
Sep 23 2013, 14:06 ET