RE:RE:RE:RE:RE:RE:Defined Benefit Pension Planpuma1,
Land package about 45 acres with Zoning/Easement restrictions.
They will be no problem to any professional Developer.
Probably worth $1m/ac just for starters. Let the Bids begin!!
Torstar has a 25 year history of profitably selling Toronto properties.
(Not much left to sell after this Asset.)
Good Will seems to be downgraded in every Annual Report.
Can't imagine the Corporate Strategy founded on the collapse of a competitor.
( given this Management; I may be incorrect )
The 5 Families may not enjoy their present loss of Income; or Status.
It wouldn't be the first time they VOTED - then had Senior Management replaced.
( Note: top 5 > $2m/yr+++ )
The A wagons appear to be circling and the B's await their verdict.
I am optomistic. .. GTLA