How about General Mills, Smucker's + MKC? I thinks think General Mills and Smucker's would be a perfect match. 34B + 13B and then include MKC and that would be another 10B. These 3 companies could complement each other very nicely.
It would fold nicely into Kraft/Heinz, especially since Nestle has Maggi, and Unilever Knorr, but I believe MKC is controlled by the A shares since the B shares don't have voting rights....so I doubt that it is in play.
Google Seeking Alpha and Brown Forman for the entire article
Russell Investments is providing this opportunity to investors going into their 2015 index rebalance and reconstitution on June 26th. For the first time ever, this year Russell will be adding multiple share classes of the same company in their indexes that were previously excluded. See the link below for further detail on criteria for multiple share class eligibility: Russell Indexes & Reconstitution 2015
In simple terms, secondary-class shares will be added to the appropriate indexes if the class meets certain market cap, liquidity and float thresholds. Of the dozen or so companies that might qualify for multiple class inclusion in the Russell indexes, one sticks out as a major share class arbitrage opportunity. The spread between the shares of Brown-Forman class B (NYSE:BF.B) and Brown-Forman class A (NYSE:BF.A) has widened to four times the widest level it had ever traded prior to now.
I plan to do the same. Initially bought B, switched to A, and now back to B again. There is something going on, but I wonder what...??? Maybe activist investor accumulating shares or maybe Bacardi...? Bill Ackman made a boatload on the Jim Beam deal. Supposedly he is about to announce a big position in a new company.....and to have any say in Brown Forman you need A shares. I seriously doubt he can get his hands on enough A shares though....
Why is there such a big split between A shares and B shares right now? Buybacks or is something else in the works? Is somebody trying to slowly accumulate voting rights? I couldn't take it anymore. Just sold all my A shares an purchased B shares.