Stamford, Conn.-based reinsurer OdysseyRe said its majorityshareholder, Fairfax Financial Holdings Limited, would sell 9million shares of its holdings in the company.
Fairfax Financial is a Canadian-based financial services companywhich wholly owned OdysseyRe until it went public in 2001.
The sale allows the underwriters an option to purchase up to1.35 million more shares to cover over-allotments.
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