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-idUSBRE8541B720120605
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