Tom, I haven't seen any thing about Santa Anita, but I asked MT about the Div disappearing as someone on this thread mentioned. This was his answer. Doesn't seemed to have said anything.
Johndee
October 26, 1998
Mr. John D'Errico
Via Email
Dear Mr. D'Errico:
Thank you for your recent email.
During the past few months, The Meditrust Companies' Boards have been in the
process of reviewing a modified investment and operating strategy for The
Meditrust Companies and selecting an appropriate corporate structure through
which to conduct the business activities of the Companies in response to the
paired share REIT legislation. This process requires extensive analysis and
evaluation of numerous alternatives, especially within the constraints of
the current state of the capital markets. These ultimate decisions will
become the basis for the future of Meditrust and its related growth
opportunities.
Until this process is completed, the Boards, Management, and its numerous
advisors, including accountants, financial advisors and lawyers, will spend
as much time as necessary analyzing and resolving these issues. Management
recognizes its obligation to provide appropriate information regarding this
process to its shareholders and investors, and will do so as soon as any
decisions have been finalized.
As always, we welcome the opinions of all Meditrust shareholders. We will
be working hard to keep you informed as events progress.
Sincerely,
David F. Benson
President
|
