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Ackman Wants Target to Put Land in REIT and Spin It Off

Posted by Cheapsuits 1306 days ago (http://dealbook.blogs.nytimes.com)
Category: Stocks | Tags: land reit target tgt
William Ackman spelled out his plan on Wednesday afternoon to increase the value of Target: create a REIT to own the land underneath the retailer’s buildings and spin it off.
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