Yet another massive buyout deal
Jun 4 2007It seems that the excitement never ends.
This just in – “HCP to buy Slough Estates USA for $2.9 billion“. They’re buying it from Segro, a UK-based…uh, a UK-based something or other. From the name, I’d guess that Slough, the subsidiary being sold, has something to do with cosmetic surgery, dead skin, marshy bogs, or a sense of deep despair.
Hey, wait a minute. I’ve never heard of any of the three parties in this deal. Not to seem provincial, but what a waste of a press release.
Please forget I even mentioned it.
