RE:Friendly or hostile bid?Indeed, just because Air Canada said they were not the bidder alluded to by Chorus in the PR, that doesn't mean they are not sniffing around now.
Interesting about Fairfax - Brookfield has just bought the part of Genworth it didn't own. Is a similar play on the cards? If you're already convinced of the long-term future of the company, why not buy it now cheaper than you will in 18-24 months time?