Chris Craft And Cbs?

When Chris-Craft Industries (CCN) was featured in this column last June, several big stakeholders, including Mario Gabelli, thought CEO Herbert Siegel would decide to do a deal to unlock the value of the television broadcasting company's assets, mainly its 80% stake in BHC Communications. Since then, Chris-Craft's stock has vaulted from 45 to 76 on Jan. 26.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.