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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (26477)4/5/2007 10:35:57 AM
From: Madharry  Read Replies (1) of 78656
 
correction to the correction . i reviewed previous notes and my recollection was correct. As of 2005 sasamat owned 34% of the german company mfc industrial which in turn owned 100% of KHD Wedag, which in turn owns the two real estate subsidiaries which they plan to spin off into the REIT. So my conclusion is no shareholder approval of sasamat, no spin-off of REIT and I sure as heck not going to support selling assets off for pennies on the dollar.
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