Opinion: Fairfax M&A fight

There is a tendency for attention to rapidly shift after a press
release hits the wires explaining that one public company has
agreed to be acquired by another.
A handsome premium to the undisturbed share price, unanimous
board support, break fees, irrevocable shareholder commitments - a
close normally seems a foregone conclusion as soon as they are
announced. Hostile deals are a fool's errand, a kamikaze run,
after all.
Even Validus's deal disruptor Ed Noonan seems to have
mellowed with...