GAMCO urges Lennar to include Class B shares in exchange offer
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GAMCO Sends Letter to Lennar Corporation Regarding Lennar’s Proposed Exchange Offer
October 13, 2025 8:30 AM EDTGREENWICH, Conn.--(BUSINESS WIRE)-- GAMCO Investors, Inc. (GAMCO) (OTCQX: GAMI), on behalf of its clients and certain affiliates, collectively owns approximately 1,719,782 shares of Lennar Corporation (Lennar) Class B Common Stock, representing 5.5% of the 31,217,013 outstanding Class B shares. On October 10, 2025, GAMCO sent a letter to the Board of Directors of Lennar, as follows:
The Board of Directors
Lennar Corporation
5505 Waterford District Drive
Miami, FL 33126
Attn: Stuart Miller, Executive Chairman and Co-CEO
Dear Mr. Miller,
We are writing on behalf of the clients of GAMCO Investors, Inc. and certain affiliates,... More
