Watsa forestalls Brit process with snap take-it-or-leave-it bid
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Watsa forestalls Brit process with snap take-it-or-leave-it bid

Fairfax Financial founder Prem Watsa prevented a potential bidding war for Brit Insurance by offering a $1.88bn binding all-cash offer just 10 days after entering into serious negotiations, and threatened to walk away if the proposal was not accepted...

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