When the assets offer more value than the product, you're in trouble. Bonus: Since Belo's boss sees this as a "revenue stream," not a one-shot, does that mean he'll be pulling a Brooklyn Bridge and selling the building again to some other rubes?
RIVERSIDE: Press-Enterprise building to be sold to county for $30M Quote:
“The significant proceeds from the Riverside office building sale will provide additional opportunities in 2013 for increasing shareholder returns and diversifying our revenue streams,” he said. “The Board of Directors’ current priority is determining the best deployment of these anticipated real estate proceeds.”
[
The Press-Enterprise]