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Fairfax acquires stake in CanWest Global Communications

IBR Staff Writer Published 11 March 2008

Fairfax Financial Holdings has acquired, through its subsidiaries, 876,000 subordinate voting shares of CanWest Global Communications, bringing its total holdings in the company to 16.21 million subordinate voting shares or approximately 16.29% of the total subordinate voting shares.

The shares were purchased through the facilities of the Toronto Stock Exchange for investment purposes. Fairfax may purchase additional CanWest Global shares from time to time in accordance with applicable laws.

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