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Zenith Shareholders Approve Acquisition by Fairfax

By Jim Sams (Senior Editor)

Friday, April 30, 2010 | 1

Shareholders of Zenith National Insurance Corp. voted "overwhelmingly" in favor of the company's acquisition by Fairfax Financial Holdings Limited, the carrier announced Thursday.At a special meeting of stockholders held Thursday at Zenith's headquarters in Woodland Hills, Calif., the required majority of outstanding shares were voted to adopt the merger agreement and approve the merger, Zenith said in a press release.Based on information provided by Computershare, the company's inspector of elections for the special meeting, 98.94% of the shares that voted were in favor of the tra...

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