Susa Soccer Company’s actual value can only be a bit more then what it nets over a specific time frame. If it nets 500k a year, the new ownership could only pay off a 5m note after 10 years, and that’s without taking a nickel.
Property is a bit different. First, it’s tangible, and Glen may be better off selling some of the properties to be developed into something else.
Property is a bit different. First, it’s tangible, and Glen may be better off selling some of the properties to be developed into something else.
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