Economics

Prem Watsa’s Record Carries The Day In Close Fairfax Vote

Prem Watsa’s record carries the day in close Fairfax vote

It took more than 18 months of negotiations and two rescheduled special meetings but Prem Watsa, the chairman and chief executive of Fairfax Financial Holdings Ltd., has received enough shareholder support for the company to amend the terms of its multiple voting shares. But the vote, the effect of which is that Watsa, one of the…