| Date | Event Type | Description | Location | Actions |
|---|---|---|---|---|
| 2014-06-10 | N/A | Valhi stock closed at $6.42. | Stock Market | View |
This document, stamped by House Oversight, appears to be a printout of a financial analysis or blog post regarding the estate of 'Simmons' (likely Harold Simmons) and the performance of Valhi Inc stock. It discusses the control of a tax-exempt Foundation by Lisa K. Simmons and Serena Simmons Connelly, contrasts them with other daughters who were 'frozen out,' and includes a chart comparing Valhi stock to the S&P 500 around the time of Simmons's death in late 2013/early 2014. The text references major institutional holders like BlackRock and Citadel and cites IRS bulletins and NYT articles.
This document is a financial analysis, likely from a blog or news article, detailing stock trading activities of the Harold Simmons Foundation regarding Valhi stock in June 2014. The author suggests that the Foundation aggressively sold stock to lower the share price (from $6.42 to $5.81), potentially saving Simmons's heirs approximately $80 million in estate taxes. The document is part of the House Oversight Committee's files (Bates stamped HOUSE_OVERSIGHT_029346), likely gathered as evidence of tax avoidance strategies.
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