Zenith National Insurance Corp. (NYSE:ZNT), Wednesday announced that, at the request of Fairfax Financial Holdings Limited (TSX:FFH) (NYSE:FFH), it filed with the Securities and Exchange Commission a registration statement relating to a proposed underwritten public offering of up to 3.5 million shares of its common stock by certain subsidiaries of Fairfax, a Toronto-based financial services holding company.
As of the date of the filing, subsidiaries of Fairfax owned approximately 7.8 million shares of Zenith common stock. It is currently anticipated that the selling stockholders will initial...
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