NU Online News Service, Sept. 21, 2:12 p.m.EDT

Toronto-based Fairfax Financial Holdings Limited will be paying$1 billion to fully acquire Odyssey Re Holdings at a higher shareprice than originally announced.

On Sept. 4 the company said it would pay $60 per share in cashfor the common stock it did not currently own. Friday the twocompanies announced a merger agreement under which Fairfax isoffering $65 in cash per share.

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