BlackBerry closes near $8, two pension funds only want pieces

|About: BlackBerry Ltd. (BBRY)|By:, SA News Editor

With investor/analyst skepticism about deal financing easy to find, BlackBerry (BBRY -6.3%) closed today below where it traded before the Fairfax deal was announced on Monday.

The Toronto Star reports BlackBerry's talks with two Canadian pension funds - the Ontario Teachers' Pension Plan and Alberta Investment Management - have stalled because the funds are only interested in certain assets, such as BlackBerry's network operations centers (IBM was once reportedly interested in them).

The Globe & Mail reported earlier today the Ontario Teachers' Pension Plan was the only pension fund to show serious interest in BlackBerry after being courted by Prem Watsa.