Farmers Edge Inc. (TSX: FDGE) entered into an arrangement agreement for acquisition by 15635594 Canada Inc., a subsidiary of its major shareholder, Fairfax Financial Holdings Limited (FFHL), with FFHL also acting as guarantor. The transaction, finalized at C$0.35 per common share, represented a 218% premium over the pre-offer closing price of approximately C$0.11. This acquisition, not subject to financing conditions, was recommended by a special committee of independent directors and approved by the company's board. BMO Capital Markets provided a formal valuation and a fairness opinion, suggesting the fair market value of the common shares ranged between C$0.05 to C$0.45. The transaction, to be completed via a court-approved plan under the Canada Business Corporations Act, awaits shareholder and court approvals, with a special meeting scheduled around March 12, 2024. Post-completion, Farmers Edge plans to delist from the Toronto Stock Exchange and cease as a reporting issuer in Canada.