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Enterprising Investor

07/04/18 9:15 AM

#7 RE: Sargon007 #6

RVI will trade at a discount until the very last property is sold.

Book value at 3/31/18 was $49.78. Sales prices realized over time may be more or less than the book value. I expect gross proceeds to be in excess of book value at 3/31/18.

The number of properties to be sold started out at 50. Two have been sold since the separation plan was released.

https://www.sec.gov/Archives/edgar/data/1735184/000119312518192249/d394376dex991.htm