Friday, July 6, 2012

Equinix looking closely at REIT conversion

from Reuters

>>Changing a company's capital structure to turn it into a REIT is complex. Equinix would need to get approvals from its shareholders and the Securities and Exchange Commission, apart from a final nod from the Internal Revenue Service (IRS).
"We are increasingly convinced that a transition is possible based on our discussions with an independent tax and accounting expert," Cowen and Co analyst Colby Synesael said.

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