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
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
Canadian investors will never forget Oct 31st 2006 and the impact that a change in federal tax law basically eliminated the incentive for many Canadian businesses to organize as income trusts. The elimination of the income trust “loophole” sent shock-waves through… Continue Reading
InterRent acquires additional properties in Mississauga with a 5.3% cap rate, probably a reasonable yield considering these tenants are lower than “A” class, but with a cost to borrow below 5.3%, the purchase will be accretive. I would rather own… Continue Reading
