McDonald's Nixes REIT Model In Blow To Larry RobbinsMani
McDonald's is not pursuing the idea of hiving off its property into real-estate investment trust, and the fast-food chain also unveiled a 5% increase to its dividend for the fourth quarter.
At an analysts’ day meeting on Tuesday, Steve Easterbrook, McDonald's chief executive, said after a thorough study, the company has decided a REIT would be too risky to its business model.
McDonald's not pursuing REIT model
At the analyst’s day meeting in New York on Tuesday, the . . .
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