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Prem Watsa's business style on display in financing deal


oldye

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Interesting!  Five years ago, Prem couldn't get anyone to lend him money other than a few close friends (Cundill, Southeastern, Markel, et al) and today the institutions are giving him discounts to do business with them.  Why not raise a crapload of equity and buy back Odyssey!  Cheers!

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