Posted on 28/08/08
Private equity tempted by Teranet?
As trusts continue to be picked off by private equity funds, Teranet Income Fund stands out as one of the last great buyout candidates.Teranet is one of those cash-churning businesses that sets hearts aflutter among pension fund managers. A former Crown corporation, it holds a monopoly on real estate transactions in Ontario that lasts through 2017.
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