By "vehicle" he means a different ticker, not a different product. He means that it would have been easiest to have LIBE sell the GL to another, much cleaner entity and then sell it through there, rather than fight to clean up the mess that Pringles left at LIBE.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.