Want to join the conversation?
$FCPT becomes independent, publicly traded company through completion of its spin-off from $DRI & qualified to be treated as REIT. In connection with the spin-off, $DRI received cash proceeds of $315MM from $FCPT, which it anticipates to retire about $1Bil of debt. Combined annualized dividend will be about $2.20 per share.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$ARRY Good day for the stock, jumped 7%. Great gains !