Comment by hellweaver666
Comment by hellweaver666 3 days ago
Do they actually "own" it? I work for a large company who spent millions building a new office and then immediately sold it to a different company so they could lease it instead of owning it (apparently this looks better on the books!)
>apparently this looks better on the books!
Or, as we have seen hundreds of times, it's sold at market price to a "third party" company that is actually owned by one of the board members or executives, which then rent it back to the company for a slight premium.