Fairfax Said to Be Short of Financing for BlackBerry Bid

Fairfax Financial Holdings Ltd., which has until Nov. 4 to firm up its $4.7 billion bid for BlackBerry Ltd., has yet to arrange financing to take the company private, said people with knowledge of the matter.

Fairfax’s advisers, Bank of America Corp. and Bank of Montreal, have been rebuffed by other lenders they contacted to help finance a bid, said the people, who asked not to be named because the process isn’t public.