Vizi1 Posted June 12, 2015 Share Posted June 12, 2015 http://www.stockhouse.com/news/press-releases/2015/06/12/fairfax-calls-special-shareholders-meeting-to-consider-amendment-to-terms-of "As a result of the gradual dilution of the percentage of votes represented by the multiple voting shares from their original 85.2% in 1986 to the current level of 41.8%, Fairfax has reached the limit of its ability to issue subordinate voting shares to continue its acquisition-related growth without reducing Mr. Watsa's effective controlling interest to a level at which the preservation of Fairfax's culture and governance can no longer be assured." Hopefully we get to attend and see what's going on... Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now