Trenton Corporation, which is growing 20% per year, just completed a sale-leaseback of 200 res- taurants...

 
 

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Trenton Corporation, which is growing 20% per year, just completed a sale-leaseback of 200 res- taurants for $1 billion. Net proceeds after taxes and payment of debt is $620 million. Which strategy for use of the remaining funds will provide the best long-term return for shareholders? Trenton Corporation, which is growing 20% per year, just completed a sale-leaseback of 200 res- taurants for $1 billion. Net proceeds after taxes and payment of debt is $620 million. Which strategy for use of the remaining funds will provide the best long-term return for shareholders?

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