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Strategies & Market Trends : Have REITs begun a rebound 9/16/98 ??? -- Ignore unavailable to you. Want to Upgrade?


To: Wren who wrote (34)10/25/1998 9:00:00 PM
From: Alski  Read Replies (1) | Respond to of 45
 
Seems like MGI might gap up Monday AM despite (or because of) planning to liquidate the trust.

From Bloomberg:
MGI Properties Inc. (MGI): Billionaire investor Warren Buffett reported that he acquired a 5.1 percent stake in the real estate investment trust. Buffett, the chairman of Berkshire Hathaway Inc. (BRK/A), holds 700,000 MGI common shares, according to a Schedule 13G filed with the Securities and Exchange Commission. MGI rose 3/8 to 28 3/4.

biz.yahoo.com