As a member of the Iron Mountain team, I'd like to say that our most important assets are our customers!
But yes, the fact that we own and operate income producing real estate allows us to pursue a tax designation that improves returns to our shareholders.
Cheers,
Melissa
Melissa Mahoney
Vice President, Corporate Communications
Iron Mountain
745 Atlantic Avenue
Boston, MA 02111
Phone: 617-535-8310
[log in to unmask]
www.twitter.com/mhmahoney
www.ironmountain.com
-----Original Message-----
From: Records Management Program [mailto:[log in to unmask]] On Behalf Of alex campbell
Sent: Wednesday, June 06, 2012 9:27 AM
To: [log in to unmask]
Subject: Re: Iron Mountain to convert to REIT, shares jump | Reuters
Interesting strategy by Iron Mountain. It seems that land is Iron Mountain's most valuable asset and this would serve to confirm that fact.
Regards,
*Alexander Campbell, M.S.*
HBR
CONSULTING**
On Wed, Jun 6, 2012 at 9:02 AM, PeterK <[log in to unmask]> wrote:
> Iron Mountain to convert to REIT, shares jump | Reuters Document
> storage company Iron Mountain Inc
> (IRM.N<http://www.reuters.com/finance/stocks/overview?symbol=IRM.N>)
> said it will look to convert into a real estate investment trust,
> almost a year after hedge fund group Elliott Management nudged the
> company's management for the conversion.
>
> http://reut.rs/LqeiD9
>
> Source:
>
> http://www.reuters.com/article/2012/06/05/us-ironmountain-reit-idUSBRE
> 8541B720120605 See if people are clicking on this link:
> http://reut.rs/LqeiD9+ Try the bitly.com sidebar to see who is talking
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