McDonald’s nearing decision on real-estate spinoff

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McDonald’s will soon decide what to do with its U.S. real-estate assets, in the midst of calls from some investors and analysts to spin off those holdings to unlock shareholder value amid slipping sales, the Wall Street Journal reports.

Though the company hasn’t made a choice on the matter yet, its executives and directors have “had a lot of review and a lot of debate,” Miles D. White, a member of McDonald’s board and CEO of Abbott Laboratories, told the WSJ.

Some argue that spinning off U.S. assets via a REIT or other means would serve as a distraction from McDonald’s current turnaround endeavors, including all-day breakfast, which appears to be having a positive effect on brand perception.

Read the full story via the Wall Street Journal.

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