Post #430 by Captkerosene on the Brookfield Corporation board

Stocks A to Z / Stocks B / Brookfield Corporation (BN)

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In a sense you could say that BAM is being “spun out”. But BN are purchasing all the newly issued shares back that they they are spinning out. The result is that BN own the same 73% of BAM that they own right now, but instead of owning it privately they will own the public subsidiary.

Thx. I think the pure play advisor fits my needs a little better.

I'd love to see Monaco some day. I started a watch collection a few years back. Specialize in "white trash" watches. Basically, Rolex with catchy names: Panda, Pepsi, Hulk etc. 😃 I'll bet they've got some great boutiques there.

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