G&M Extract Another partnership co-owned by Lindsay Goldberg and Mr. Kestenbaum, Bedrock Industries Cooperatief U.A., sold more than 29 million shares for over $650-million during that period.
That includes a November, 2019, sale of 12.2 million shares by the Bedrock entity to Fairfax Financial Holdings Ltd. for $250-million, or $20.50 per share. Fairfax owned 12,994,000 shares as of April 30, worth over $900-million at the $70-per-share Cleveland-Cliffs buyout price.