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It happens all the time today. Companies like Sears and Burger King have been taken private (through leveraged buyouts) to unlock the value of their real estat
by dpcheng2003 15y ago
It happens all the time today. Companies like Sears and Burger King have been taken private (through leveraged buyouts) to unlock the value of their real estate (i.e., sell them).
- hessenwolf 15y agoRichard Gear's character in 'Pretty Woman' made a living out of just that; the sum of the values of the parts of some companies is more than its market value (Price to Book < 1). (Then he fell in love with a red-headed hooker and decided not to break up a ship building company, and help manage the company to build more ships instead.)