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LGL Group (LGL) gives investors multiple ways to win with limited downside risk. The company owns two profitable manufacturing subsidiaries that operate in a niche industry, $20 million in cash that is being managed by the Gabelli family, and a meaningful position in a newly formed SPAC that is looking to acquire an aerospace defense company. At a current market cap of only $45 million, LGL is trading at a cheap price relative to the operating businesses alone; investors can buy a profitable business at a cheap price and gain