Posted AT 9:47 AM EST on 24/09/08
Fairfax takes 69% of Ridley
TORONTO — — Fairfax Financial Holdings Ltd. is paying $81-million for 69 per cent of animal feed producer Ridley Inc.
The deal announced Wednesday to buy out Australian parent company Ridley Corp. values its 9.5 million shares at $8.50 each.
The thinly traded stock of Ridley Inc.
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