Cenovus Royalty Lands going to Teachers?
Exclusive: Cenovus in exclusive talks with Teachers’ fund on land assets
Exclusive: Cenovus in exclusive talks with Teachers’ fund on land assets
Cenovus Energy is likely joining a growing list of Canadian energy companies who are selling their royalty assets as a way to shore up their balance sheets as crude oil and natural gas prices stay a relatively low levels. TD… Continue Reading
Union Asks Missouri to Block REIT’s Bid for Pinnacle Casinos
Long-term, negative side of REITs argued
While public companies should welcome any input from shareholders, since it’s the shareholders who own the company, boards should be cognizant of balancing the interests of all shareholders in proportion to their ownership. In the case of the proposal made by… Continue Reading
The dominoes are falling as MGM is now being pushed publicly by real estate fund manager Land and Buildings to spin off its real estate assets into a real estate investment trust. An MGM REIT would have a dramatic impact on… Continue Reading
Big news for Casino watchers was announced by Pinnacle Entertainment, as they plan to create a Real Estate Investment Trust (REIT) to separate their real estate from the operating company. Shareholders will receive REIT units in a tax-free spin-off sometime in… Continue Reading
How low have expectations for Boyd Gaming sunk when the CEO can claim on the latest earnings conference call that “This was a solid quarter for our operations” and “Growth resumed in our Nevada business, as our Las Vegas Locals and Downtown… Continue Reading
Toronto’s storied Royal York Hotel gets new owners
Oilpatch innovation key to PrairieSky growth