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  • Target Decides to Let Stock Languish [View article]
    Too bad. Ackman is smart enough to know that retailers are worthless. At least the REIT would always be worth something even after Target itself goes under. Instead the property will be auctioned off by creditors after the inevitable bankruptcy and shareholders will get nothing. Sure, not doing this deal means that filing is a little farther out, but it's still coming sure as the sunrise.
    Nov 24 19:37 pm |Rating: 0 0
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