Buying the stocks of companies before they convert themselves into real estate investment trusts...
Thursday, September 27, 2012, 10:33 AM ETBuying the stocks of companies before they convert themselves into real estate investment trusts makes for a juicy trade, according to dealReporter. With this in mind, casino companies could be of interest with a spun off REIT able to lease properties back to the pure-play casino name and realize significant tax advantages along the way. Two that fit the bill: Penn National Gaming (PENN) and Wynn Resorts (WYNN +0.2%).
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