Subject: Re: From the letter
One interesting bit from the 10-K is what they are doing with Alleghany Capital (the non-insurance businesses acquired with Alleghany). The larger companies, like W&W/AFCO Steel [builder of the MSGE Sphere in Las Vegas] are operated independently as part of the Manufacturing, Service and Retail group - I assume reporting to Greg Abel. The smaller manufacturing companies acquired with Alleghany "primarily became part of Marmon." - page K-48