On October 21, 2009, Fairfax Investments USA Corp., a wholly owned subsidiary of Fairfax Financial Holdings Limited, completed its tender offer for Odyssey Re Holdings Corp.
(“ORH”) Common Shares. The merger was subsequently consummated on October 28, 2009. As a result, each existing ORH Common Share will be converted into the right to receive
$65.00 net cash per share.
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