BlackBerry resumes trading, shares at $8.92

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

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.