Posted on 19/01/06
Some deals are likely better left undone
Yarn? Of all the deals that made it to market in 2005, one of the strangest had to be Spinrite Income Fund. Spinrite is but a single factory making yarn in Listowel, Ont., about two hours west of Toronto. But to hear the underwriters' sales pitch, it's on the leading edge of a leisure movement that's sweeping the nation.
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