Subject:
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Re: TRU IS BOUGHT
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Newsgroups:
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lugnet.market.shopping
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Date:
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Thu, 17 Mar 2005 17:58:05 GMT
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Viewed:
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1739 times
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In lugnet.market.shopping, Larry Lesser wrote:
> Letting everyone know that TRU is now a bought company. At least according to
> the WSJ. What does that mean to us the builders? Any one close to the story have
> any ideas? I am thinking that the buyers will look at the stores that are not
> operating in the black and dump um.
>
> Larry
This appears to be the official announcement...
http://biz.yahoo.com/bw/050317/175315_1.html
"Each of the investors will own equal stakes in the company upon completion of
the transaction." One of the three partners is a realty trust, so they think its
worth $2B+ USD to them. That may be interesting as most (all ?) TRUs are in
prime locations.
Ray
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Message is in Reply To:
 | | TRU IS BOUGHT
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| Letting everyone know that TRU is now a bought company. At least according to the WSJ. What does that mean to us the builders? Any one close to the story have any ideas? I am thinking that the buyers will look at the stores that are not operating in (...) (20 years ago, 17-Mar-05, to lugnet.market.shopping)
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