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Fairfax to Sell Shares for Brit Acquisition to Protect Credit Rating

Fairfax Financial Holdings Ltd.’s Prem Watsa, who said this week that issuing stock was one of his last options for financing the purchase of Brit plc, opted days later to sell shares and guard his company’s credit rating. Watsa, Fairfax’s …

The article Fairfax to Sell Shares for Brit Acquisition to Protect Credit Rating appeared first on Insurance Journal.

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