Special Situations and Arbs
Special situations, contrarian, arbitrage, event-driven

The Other Lennar: Lennar B Offers 10X The Voting Rights At 25% Off

Earlier this month, when I started writing for Seeking Alpha, I made a list of ideas for articles. One of the stocks near the top of the list was Molex Incorporated.

On September 9th, however, I had to cross Molex off my list. On that morning, the company announced it had been acquired by Koch Industries for a very generous $38.50 per share.

Molex is a global manufacturer of electronic, electrical and fiber optic interconnection systems and is in strong financial shape. But the reason I had the stock on my list was because of its multiple classes of stock.

Dual Class Structures

Broadly speaking, Dual Class Structures are share divisions in which companies issue shares that have differing rights....

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details