I am surprised there hasn't been an idea tossed out yet.

So let me toss a name out - Innovate Corp (ticker: VATE)
Used to be a more complex entity with additional subsidiaries, including an insurance entity.
The company has slimmed down a lot, and now comprises three subsidiary segments
1. Infrastructure - Own a majority stake in DBM Group, largest steel fabrication company in the US.
2. Broadcasting - own over 200 OTA (Over-the-Air) TV stations
3. Life Sciences - Grouped together as Pansend, and includes stakes in small innovative healthcare companies

- The Infrastructure segment does the heavy lifting, and supplies most of VATE's revenue.
- Broadcasting should be doing better. Lousy revenue generation - a Michael Dell-backed entity showed some interest some time back, but then lost interest.
- The Life sciences segment has potential. But, does VATE have the resources to properly grow this segment?

Quick summary: Asset rich, cash poor, weak management (@ corporate level)
Big insider is Avram Glazer (Yes, the Glazer family of Tampa Bay Bucs & Manchester United fame)

Home page:
https://innovatecorp.com/

HohumYNWA

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