Sale/Leaseback was a pretty popular financing gimmick and tax strategy back in the late 90's. Can't say if that was the motive for this deal or not, or how it went down.
Next stop, Willoughby
~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
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~el Jefe :: RAILROAD.NET Site Administrator/Co-Owner; Carman at Naugatuck Railroad
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