Campbell Soup Co (CPB)

[realfast95]

$CPB - Rumor has it that one of the decedents want out.
Or all of them.
Options for December $60 have been flying off the shelves.
Najarian called it out on Friday
http://www.cboe.com/video/?mediaId=ed78a71be2544e25882fb7e0671e1844

Bennett Dorrance - 46,323,241 - 15.1%
Mary Alice D. Malone - 53,216,613 - 17.3%
Archbold D. van Beuren - 14,268,162 - 4.6%

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case study
Bennett Dorrance is selling one of his Grandfathers house in PA.
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John T. Dorrance, born in 1873, was a chemist who worked for his father in the family’s preserve factory.

It was there where he invented the formula for condensing soup. By 1914, he had started one of the world's most successful corporations: the Campbell Soup Company.

He ran the operation until his death in 1930, at which time it was passed down to his son.

His grandson, Bennett Dorrance, is Campbell's second-largest shareholder today. At the time of John’s death, he owned two family mansions - one in New Jersey and one in Pennsylvania.

Though domicile was claimed in Pennsylvania, the two states battled over the estate taxes, which ended up being paid to both states. It is his Pennsylvania mansion, Linden Hill, that is now for sale.

The family is asking $19.5 million.

http://www.theadvertiser.com/story/life/luxury/real-estate/2016/12/09/see-which-household-name-owns-20m-mansion/95113676/

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Mary Alice D. Malone
Malone is also the president of Iron Spring Farms, a horse farm in Coatesville, Pennsylvania. Last December, she bought a $14.4 million equestrian estate in Wellington, Florida,
Read more at http://www.phillymag.com/business/2016/08/01/richest-person-philadelphia/#SQbSdIC67tbrcJls.99

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Wellington, Florida not far from West Palm Beach and the Boca crowd.
Out of nowhere, Doug Kass of The Street.com recommended Campbells $CPB
Doug's summer residence is not far away. So I'm guessing he got tipped off. Probably a Clinton cocktail party.