NU Online News Service, Nov. 20, 3:38 p.m. EST
Toronto-based Fairfax Financial Holdings Limited, which acquired Odyssey Re last month, announced its intention to voluntarily delist its shares from the New York Stock Exchange.
In a statement yesterday, the chairman of the holding company for property and casualty insurance and reinsurance operations, including Odyssey and Crum & Forster, essentially said eliminating the expense of multiple stock listings in the United States and Canada will save money.
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