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Fairfax Financial has collected nearly $31 million in a suit over a stock manipulation scheme, after a jury entered a $10.9 million verdict against hedge fund Exis Capital Managment and two of its ...
Fairfax is carrying the minority interest in ICICI Lombard, on its balance sheet at $60 million, which appears to be a significant discount to intrinsic value (The 26% stake in ICICI Lombard is via Fairfax Asia, which is owned 100% by Fairfax Financial—which also includes a 29.5% economic interest owned by Odyssey Re Holdings Corp).
Watsa resigned in August 2013, but kept his investment in the company. On 23 September 2013, BlackBerry announced that it had signed a letter of intent to be acquired by Fairfax Financial Holdings in a $4.7 billion deal. [14] Fairfax Financial Holdings is "the largest insurer of the for-profit bail industry in the U.S." [15]
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Pages in category "Fairfax Financial" The following 8 pages are in this category, out of 8 total. This list may not reflect recent changes. ...
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LONDON (Reuters) -The dollar fell broadly on Monday, while European stocks jumped, after an official for the incoming U.S. administration said President-elect Donald Trump would stop short of ...
In 2010, Fairfax Financial agreed to buy Zenith in a deal that valued the company at around $1.3 billion US. [ 2 ] [ 6 ] The deal was negotiated by Fairfax CEO Prem Watsa . [ 4 ] A group of Zenith shareholders sought to prevent the sale by going to court, but a court dismissed their claims on April 22, 2010. [ 4 ]