Use Options For a Chance To Buy AJG at a 14% Discount

Looking back to 155 days ago, Arthur J. Gallagher & Co. (NYSE: AJG) priced a 19,000,000 share secondary stock offering at $43.25 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Friday, the stock is now 5.7% above the offering price. It should be noted that investors at the secondary have collected $0.72/share in dividends since the time of their purchase, so they ...