Alliance Semiconductor Is A Liquidation Gone Wrong, But Potential Remains – ALSC

Alliance Semiconductor is the story of a liquidation gone wrong. In 2005, after years of poor performance, the company found itself targeted by activist investors seeking liquidation. After agreeing to dismantle itself, Alliance set about selling off its portfolio of venture investments and shareholdings in other companies. In the largest of these transactions, QTV Capital …

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Burnham Holdings Heats The Nation – BURCA/BURCB

Burnham Holdings is a classic example of a small, profitable business that has been ticking along without much fanfare for years and years. Burnham’s fourteen subsidiaries manufacture boilers, the critical but hardly sexy machinery that keeps our homes and businesses warm when cold weather arrives. Burnham also manufactures various other heating and cooling products. Burnham …

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Significant Corporate Actions for ALJJ, CVTR, ERS

Unlisted companies can be just as dynamic as their larger, listed peers. Three of the companies I have profiled recently announced major corporate actions that deserve attention. ALJ Regional Holdings – ALJJ ALJ Regional Holdings successfully completed the sale of its operating subsidiary, KES Acquisition Company to Optima Specialty Steel for $112.5 million in cash. …

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EACO Corp Has a Tiny Float, Solid Profits – EACO

EACO Corp. is a small but rapidly-growing distributor of fasteners and electronic components to a large variety of industries. The company has 43 sales offices and 6 distribution centers across the US. EACO Corp. conducts its activities through its subsidiary Bisco Industries, Inc., which it acquired in 2005. Prior to acquiring Bisco Industries, EACO Corp. …

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Regency Affiliates Is A Collection of Unrelated Yet Valuable Assets – RAFI

Regency Affiliates owns three valuable assets: cash, a 50% stake in a real estate partnership and a 50% stake in a power generation partnership. Regency Affiliates is majority-owned by financier Laurence S. Levy, whose Hyde Park Holdings, Inc. has a long and successful history of successful investments, especially in the infrastructure arena. Cash At the …

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