Tuesday, April 13, 2010

Fairfax Financial definetly in not allowed to bid on Canwest assets: Sec Canada ruling

The Big Five advised to buy up FairFax shares available
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http://www.theglobeandmail.com/report-on-business/torstar-among-final-bidders-for-canwest-papers/article1499394/


Quote, "Torstar, which is believed to be backed by Fairfax Financial Holdings Ltd., will now compete with a group of other bidders that is said to include several industry heavyweights. B.C. newspaper proprietor David Black, and newspaper executive Paul Godfrey backed by Onex Corp. and Alberta Investment Management Corp., have been mentioned as bidders so far.