Western Spirit Investments Ltd., a wee real estate investment company, announced that it would explore strategic alternatives, including a sale of the company. And the company’s chief executive officer said Western should know what direction it would take by the end of the month. Rick Tanner, the CEO of Western, said the company should know by year-end if a sale would happen. If not, Tanner said the real estate operator would most likely form a real estate investment trust, which could then “deliver real value to our shareholders via distributions.” He said books have been sent out.
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