Paul Whetsell Quotes on Majority & Minority (1 Quote)


    Following the completion of the Blackstone transaction, we will have sold 25 assets for 586 million since the beginning of 2005. This group of 25 properties contributed over 30 million in adjusted EBITDA2 for the full year 2005. These sales essentially complete our asset disposition program, with only six properties remaining for disposition that are expected to generate approximately 70 million in proceeds. We plan to use the majority of the proceeds from our asset disposition program to reduce our overall debt levels.


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