Nope. You're just too full of yourself. Any sub cost basis bid above $9 that costs Fairfax money lost on the position was not going to get those votes for nothing in exchange.
Wise up you wise-##s. If any bid comes in there is a payoff in place to get the votes. That's ALL THAT IS BINDING here besides a DD time frame. Fairfax has all the cards. Buy, sell, offer less ...... This is a open and shut case of running a prearranged outcome.
Don't expect a reply from me, you're always uncontrollably a jerk so you're on ignore.
The $9 bid is like buying BBRY for $0 when you assess the BBRY cash and assets. Watsa simply bid here to try and attract another bid, influence the bid and collect $0.30 a share on all outstanding shares or the float after backing out if a better price can be had. In my opinion, he's selling approval of a cheap sale in lieu of a $0.30 p.s. payoff. They (Fairfax) obviously were not previously buying it below $9.00, nor are they today. Are they? No.
Then T.H. can be paid off and open his parachute. This is not a sale, it's an arranged privatization scheme at a cost of virtually nothing if Watsa gets it for $9 or even less after later twisting the knife in a post D.D. finale.