Inside Note
In 2015, investors told McDonald's to spin off its real estate into a separate company. McDonald's said no. Publicly. It said the value created wouldn't cover the risk to the business. Here's why that answer makes sense: the rent is only worth that much because McDonald's controls what happens on the property — who operates it, what's on the menu, and whether the deal continues. Split them and you get two weaker companies. #mcdonalds #business #economics #finance #business
More
