Tuesday, July 24, 2012

Equinix Change to REIT Seen Saving $312 Million in Taxes

from Bloomberg: 

>>“Tax efficiency is the most important attribute of being a REIT, so that’s certainly a positive,” said Clayton Moran, an analyst at Delray Beach, Florida-based Benchmark Co., who recommends buying the shares. “REITs are valued at a premium given that they’re highly recurring dividend plays.”

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