Tuesday, November 01, 2005

Real-estate trust Vornado buys stake in McDonald's (Chicago Sun-Times)


Real-estate trust Vornado buys stake in McDonald's (Chicago Sun-Times)
A day after McDonald's Corp. CEO Jim Skinner denied speculation the fast-food chain might spin off some of its real-estate holdings to boost its stock value, Vornado Realty Trust disclosed that it had acquired a 1.2 percent stake in the company.

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